South · Population 190K+

Real Estate Investing in Knoxville, TN

Knoxville benefits from the University of Tennessee and Oak Ridge National Laboratory. No state income tax, affordable entry points, and proximity to the Great Smoky Mountains drive both long-term and short-term rental demand.

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Median Price
$250K-$340K
Avg Rent
$1,100-$1,600
Cap Rate
5-7%
Price/Rent
15-18

Why Invest in Knoxville?

  • 1
    No state income tax
  • 2
    University of Tennessee demand
  • 3
    Oak Ridge National Laboratory
  • 4
    Great Smoky Mountains tourism

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Search any address in Knoxville, TN and get instant cap rate, cash flow, and ROI calculations.

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Frequently Asked Questions

Is Knoxville, TN a good place to invest in rental property?

Knoxville offers cap rates in the 5-7% range with median home prices of $250K-$340K and average rents of $1,100-$1,600. No state income tax and university of tennessee demand make it attractive for investors. Use PropertyDNA to analyze specific properties and run the numbers.

What is the average rent in Knoxville, TN?

Average rents in Knoxville typically range from $1,100-$1,600 depending on the property type, size, location, and condition. The price-to-rent ratio is approximately 15-18, which helps determine cash flow potential.

What cap rate can I expect in Knoxville?

Cap rates in Knoxville generally range from 5-7% depending on the neighborhood, property type, and condition. Higher cap rates are typically found in Class B and C neighborhoods, while lower cap rates are in premium areas with stronger appreciation.

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