Average Rent in Knoxville, TN (2026)

Typical asking rent in Knoxville is $1,686. Across the 16 ZIP codes with data it runs from $1,257 to $2,174, so which side of town you buy on matters as much as the city average. Data as of September 2026.

Median rent
$1,686
Average rent
$1,738
Lowest ZIP
$1,257
Highest ZIP
$2,174

Rent by ZIP code in Knoxville

ZIP codeCountyTypical rentvs city median
37938Knox County$2,174+29%
37902Knox County$2,097+24%
37932Knox County$2,048+21%
37915Knox County$1,977+17%
37920Knox County$1,935+15%
37922Knox County$1,873+11%
37931Knox County$1,771+5%
37921Knox County$1,6880%
37917Knox County$1,6830%
37923Knox County$1,600-5%
37918Knox County$1,596-5%
37916Knox County$1,578-6%
37919Knox County$1,567-7%
37914Knox County$1,519-10%
37909Knox County$1,443-14%
37912Knox County$1,257-25%

Rent by bedroom count in Knoxville

Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Knox County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for. Knox County uses Small Area FMRs, and the two bedroom figure runs from $1,200 to $2,090 depending on the Knoxville ZIP code.

Unit sizeFY2027 Fair Market RentChange from FY2026
Studio$1,171-0.5%
1 bedroom$1,178-0.5%
2 bedroom$1,475+0.3%
3 bedroom$1,844-1.1%
4 bedroom$2,122-2.3%

Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.

Is rent going up or down in Knoxville?

Typical rent across Knox County is $1,729 as of September 2026. That is up 1.2% from a year earlier and up 27.5% over five years.

YearTypical rent, Knox CountyChange
2021$1,382+18.9%
2022$1,574+13.9%
2023$1,656+5.2%
2024$1,703+2.8%
2025$1,703-0.0%
2026 (through September)$1,729+1.5%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Knoxville rent questions

What is the average rent in Knoxville, TN?
Typical asking rent in Knoxville is $1,686 a month as of September 2026, across 16 ZIP codes. By ZIP code it runs from $1,257 to $2,174.
How much is rent for a 2 bedroom in Knoxville?
HUD's FY2027 Fair Market Rent for a two bedroom in Knox County is $1,475 a month including utilities. A one bedroom is $1,178 and a three bedroom is $1,844. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
Is rent going up or down in Knoxville?
Rent is rising. Typical rent in Knox County is $1,729 as of September 2026, up 1.2% from a year earlier.
What is the cheapest ZIP code to rent in Knoxville?
ZIP 37912 has the lowest typical asking rent in Knoxville at $1,257 a month, compared with $1,686 for the city overall.
How much income do you need to rent in Knoxville?
Most landlords look for gross income of about three times the rent. At the typical Knoxville rent of $1,686, that is about $5,058 a month, or $60,696 a year. This is a common screening rule of thumb, and individual landlords set their own.

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Knoxville sits in the Knoxville, TN metro area.

Other Tennessee cities

Would a rental in Knoxville cash flow?

Start the analyzer with the Knoxville median rent of $1,686 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.