Median Home PriceBETTER
$369,941.76
Median RentTIE
$1,787.88/mo
Price-to-Rent RatioBETTER
17.2
Property Tax RateTIE
0.71%
Price Change (1Y)BETTER
+0.9%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
−$199,595
Median Home Price
$429,291.95
Median RentTIE
$1,779.5/mo
Price-to-Rent Ratio
20.1
Property Tax RateTIE
0.71%
Price Change (1Y)
-1.8%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
−$241,386
Key Differences
Home Prices
Knoxville's median home price of $369,941.76 is lower than Nashville's $429,291.95 by 14%.
Monthly Rent
Renting in Knoxville costs $1,787.88/mo compared to $1,779.5/mo in Nashville—a difference of $8.38/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.