Knoxville, TN Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Knoxville, TN
The median asking rent in Knoxville, TN is $2,100 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $320,368, that rent level prices Knoxville, TN at a 7.74% gross rental yield — compared with 7.64% across Tennessee.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Knoxville, TN rent and rental yield comparison
The current Knoxville, TN baseline is $2,100 median asking rent and 7.74% gross rental yield. Compare rent, yield, and home values with selected Tennessee metros, then open a public report or Rental Insights for property-level follow-up.
Nashville-Davidson--Murfreesboro--Franklin, TN
Nashville-Davidson--Murfreesboro--Franklin, TN median asking rent is $2,325, $225 (10.7%) higher than the $2,100 median asking rent in Knoxville, TN.
- Median rent
- $2,325
- Gross yield
- 6.78%
- Avg home value
- $406,025
Memphis, TN-MS-AR
Memphis, TN-MS-AR median asking rent is $1,525, $575 (27.4%) lower than the $2,100 median asking rent in Knoxville, TN.
- Median rent
- $1,525
- Gross yield
- 10.01%
- Avg home value
- $179,020
Chattanooga, TN-GA
Chattanooga, TN-GA median asking rent is $2,000, $100 (4.8%) lower than the $2,100 median asking rent in Knoxville, TN.
- Median rent
- $2,000
- Gross yield
- 7.81%
- Avg home value
- $304,688
Kingsport-Bristol, TN-VA
Kingsport-Bristol, TN-VA median asking rent is $1,650, $450 (21.4%) lower than the $2,100 median asking rent in Knoxville, TN.
- Median rent
- $1,650
- Gross yield
- 9.87%
- Avg home value
- $192,669
Jackson, TN
Jackson, TN median asking rent is $1,650, $450 (21.4%) lower than the $2,100 median asking rent in Knoxville, TN.
- Median rent
- $1,650
- Gross yield
- 10.48%
- Avg home value
- $188,160
Paris, TN
Paris, TN median asking rent is $1,200, $900 (42.9%) lower than the $2,100 median asking rent in Knoxville, TN.
- Median rent
- $1,200
- Gross yield
- 11.42%
- Avg home value
- $137,095
Martin, TN
Martin, TN median asking rent is $1,200, $900 (42.9%) lower than the $2,100 median asking rent in Knoxville, TN.
- Median rent
- $1,200
- Gross yield
- 11.22%
- Avg home value
- $130,392
Dyersburg, TN
Dyersburg, TN median asking rent is $1,250, $850 (40.5%) lower than the $2,100 median asking rent in Knoxville, TN.
- Median rent
- $1,250
- Gross yield
- 10.32%
- Avg home value
- $134,912
Knoxville, TN rent and yield FAQ
Quick answers based on the latest Knoxville, TN rental listing and transaction data.
What is the average rent in Knoxville, TN?
As of July 2026, the median asking rent in Knoxville, TN is $2,100. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Knoxville, TN?
Knoxville, TN currently prices at a 7.74% gross rental yield, versus 7.64% across Tennessee. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Knoxville, TN market context to property-level screening
Open Rental Insights with Knoxville, TN selected, then pair the yield signal with investor activity and rental data workflows.