19 Cheap Apartments for rent in Knoxville, TN

Last updated September 26 at 6:50PM
2718 Painter Ave SW
Knoxville
Knoxville, TN
Updated September 26 at 5:27PM
2 Bedrooms
$675
5251 Pocahontas Dr NE
Chilhowee Hills
Knoxville, TN
Updated September 26 at 5:33PM
2 Bedrooms
$600
1700 W Clinch Ave #601
Fort Sanders
Knoxville, TN
Updated September 26 at 3:51AM
Studio
$550
2448 Jefferson Avenue #1
Parkridge
Knoxville, TN
Updated September 26 at 3:43AM
2 Bedrooms
$650
2718 Painter Av #A110
Knoxville
Knoxville, TN
Updated September 26 at 3:42AM
1 Bedroom
$625
Results within 5 miles of Knoxville, TN
3515 Mint Rd
Maryville
Maryville, TN
Updated September 26 at 1:34AM
1 Bedroom
$595
Results within 10 miles of Knoxville, TN
122 Miller Ave
Maryville
Maryville, TN
Updated September 26 at 1:37AM
1 Bedroom
$550
2828 Parkway
Pigeon Forge
Pigeon Forge, TN
Updated September 26 at 5:25PM
Studio
$500
103 Hoyt Ln
Oak Ridge
Oak Ridge, TN
Updated September 26 at 3:12AM
1 Bedroom
$450
Results within 20 miles of Knoxville, TN
147 Mary Lee Dr
Seymour
Seymour, TN
Updated September 26 at 1:35AM
2 Bedrooms
$600
1350 Kingswood Rd
, TN
Updated September 26 at 3:57AM
2 Bedrooms
$600
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Rent Report
Knoxville

September 2017 Knoxville Rent Report

Welcome to the September 2017 Knoxville Rent Report. In this report, we'll evaluate trends in the Knoxville rental market, including comparisons to similar cities nationwide.

Knoxville rents increased marginally over the past month

Knoxville rents have increased 0.2% over the past month, and are up significantly by 5.0% in comparison to the same time last year. Currently, median rents in Knoxville stand at $750 for a one-bedroom apartment and $920 for a two-bedroom. This is the fifth straight month that the city has seen rent increases after a decline in March. Knoxville's year-over-year rent growth leads the state average of 2.4%, as well as the national average of 3.0%.

Knoxville rents more affordable than many large cities nationwide

As rents have increased in Knoxville, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Knoxville is still more affordable than most large cities across the country.

  • Knoxville's median two-bedroom rent of $920 is below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 5.0% rise in Knoxville.
  • While Knoxville's rents rose over the past year, the city of Miami saw a decrease of 0.4%.
  • Renters will find more reasonable prices in Knoxville than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than three times the price in Knoxville.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.