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 numbers also show 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%

Professional property management in Knoxville typically covers pricing, listings, tenant screening, rent collection, and repairs. 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. Compare the managers above and request a free quote.

All rent figures cover long-term residential leases, not short-term or vacation stays. Commercial rents are not listed, but they generally follow local residential movement, so the signal above still applies to you.

Frequently asked questions

Are rents rising in Knoxville?

Over the last five years, Census median gross rent rose roughly 41.4%.

How do rents in Knoxville compare to the national average?

Relative to the U.S. as a whole: 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?

Rents here have risen in recent years, which can favor owners who buy at the right price. 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?

Renters make up 34.8% of the housing, 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).