About Fair Housing Find a manager that fits your property

Property Managers in Knoxville, TN

Compare top property management companies in Knoxville, TN. Review services and vetting status, then reach out or request a free quote.

Blue Ribbon Homes
Victor Jernigan
Knoxville, TN [ Serves Nashville, Knoxville, Chattanooga, Johnson City ]
Unverified
Blue Ribbon Homes is a Full Service Real Estate Firm. Our Property Management offers owners a true "White Glove Experience" - You never need to get your hands dirty with finding tenants or answering any of their service calls.
›
Garland Realty & Management
Knoxville, TN
Unverified
›

Rental market in Knoxville: rising rents

In Knoxville, Census median gross rent rose about 41.4% over the last five years, rents on a clear upward path. The market also shows two-bedroom rents about 13% below the U.S. average, a population of 494,148, up 7.2% over five years, and vacancy near 8.0%. The typical home is valued near $320,900, and the median household earns about $74,222 a year, with renters spending a median 30.1% of income on rent.

Market at a glance

Rents & affordability

-13% 2-bed vs U.S. rent
-13% 4-bed vs U.S. rent
+41.4% Rent trend, 5-yr
30.1% Rent-to-income

People & households

34.8% Renter-occupied
494,148 Population
+7.2% Population, 5-yr
$74,222 Median household income

Housing stock

8.0% Vacancy rate
$320,900 Median home value
1985 Median year built
71.4% Single-family homes

Jobs

3.7% Unemployment rate
Rent vs the U.S. average, by bedroom size
U.S. average 2-bed -13% 4-bed -13%
Who rents vs owns
Renters 34.8% Owners 65.2%

Day to day, property management in Knoxville usually means rent pricing, marketing, tenant screening, rent collection, and maintenance. About 71.4% of local housing is single-family, a common focus for rental owners. With vacancy near 8.0%, rent positioning and days on market can shape your return. Area unemployment is 3.7% as of August 2026. Browse the managers here and request pricing.

Pricing shown is long-term residential, not short-term or vacation. Non-residential and commercial rents follow the same local direction as a rule, so the residential deviations above give you a fair read.

Frequently asked questions

Are rents rising in Knoxville?

Census data shows median gross rent rose about 41.4% across five years.

How do rents in Knoxville compare to the national average?

Against the U.S. average: two-bedroom -13%, four-bedroom -13%. Each figure compares a bedroom size to the typical U.S. rent, not a rent we set.

Is Knoxville a good market for rental property?

This market has seen rents increase, an advantage for a well-timed purchase. Renters make up 34.8% of households and vacancy sits near 8.0%. Two-bedroom rents run about 13% below the national average, and rents rose about 41.4% over five years.

How strong is rental demand in Knoxville?

About 34.8% of homes are renter-occupied, and the population of 494,148 grew 7.2% over five years. Vacancy runs near 8.0%.

Rent shown as a deviation from the typical U.S. rent, a national average weighted by renter population, from HERO and HUD reference data. Demographics, population, and rent trend from the U.S. Census Bureau ACS 2020-2024 5-year estimates at the county level, with the five-year trend measured against the 2015-2019 estimates. Unemployment from the U.S. Bureau of Labor Statistics (August 2026).