What is the average apartment size in Downtown Knoxville, Knoxville, TN?

The average size for a Downtown Knoxville, Knoxville, TN apartment is 764 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Downtown Knoxville?

As of Oct / 2025, the average rent in Downtown Knoxville is $2,263 per month, a 4.43% decrease from last year’s average of $2,368.

How much does rent cost by apartment size in Downtown Knoxville?

In Downtown Knoxville, studios rent for $1,737 per month, one-bedroom units average $2,010 per month, two-bedrooms cost around $3,039 per month.

What is the average apartment size in Downtown Knoxville?

The typical apartment in Downtown Knoxville offers about 764 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Downtown Knoxville?

Studio apartments in Downtown Knoxville average 480 sq. ft., one-bedrooms offer 675 sq. ft., two-bedrooms are about 1,075 sq. ft.

Downtown Knoxville, Knoxville, TN Rental Market Trends

Q: What's the typical rent budget in Downtown Knoxville?

The typical rent budget in Downtown Knoxville ranges from $2,001 to $2,500 per month, with 36% of rentals in this range.

Q: Do most people rent or own in Downtown Knoxville?

In Downtown Knoxville, 80% of households rent while 20% own their homes, based on the latest U.S. Census data.

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Downtown Knoxville is $2,263, a 4.43% decrease compared to the previous year, when the average rent was $2,368.

Studio Apartments at $1,737 offer the most budget-friendly option with 480 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 675 square feet for $2,010, balancing privacy and affordability.

Two-beedroom units at $3,039 offer 1,075 square feet, perfect for roommates or small families.

Average rent in Downtown Knoxville, Knoxville, TN

Last updated: November 18, 2025

	Average Rent	Average Apartment Size
All Rentals	$2,263	764 sq. ft.
Studio	$1,737	480 sq. ft.
1 Bed	$2,010	675 sq. ft.
2 Beds	$3,039	1,075 sq. ft.
3 Beds	n/a	n/a

Downtown Knoxville, Knoxville, TN rent trends

Rental prices in Downtown Knoxville, Knoxville, TN have decreased by 4.43% over the past year. The average rent moved from $2,368 to $2,263.

What's the typical rent budget in Downtown Knoxville, Knoxville, TN?

The largest share of rentals in Downtown Knoxville, Knoxville, TN (36%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Downtown Knoxville, Knoxville, TN?

1,200 or 80% of the households in Downtown Knoxville, Knoxville, TN are renter-occupied while 291 or 20% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

Most affordable neighborhoods in Downtown Knoxville?

Kingston Woods $1,309/month

Pond Gap $1,350/month

Cedar Bluff $1,390/month

All of these neighborhoods fall below the city wide average of $1,737/month.

Most expensive neighborhoods in Downtown Knoxville?

Fort Sanders $2,255/month

Downtown Knoxville $2,263/month

South Waterfront $2,715/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Knoxville, TN By Neighborhood

Neighborhood	Average Rent
South Waterfront	$2,715
Downtown Knoxville	$2,263
Fort Sanders	$2,255
Hardin Valley	$2,037
Old Sevier	$1,988
Old City	$1,929
Halls	$1,918
Fairways and Greens	$1,905
Deane Hill	$1,722
South Knoxville	$1,688
Raintree	$1,624
West Knoxville	$1,554
Walker Springs	$1,525
Cedar Bluff	$1,390
Pond Gap	$1,350
Kingston Woods	$1,309

Knoxville | Rent Comparison by Neighborhood

Rent in Downtown Knoxville is 63% higher than in Cedar Bluff

$2,263

Downtown Knoxville rent is the same as Knoxville average

Average Rent $2,263

$1,390

Cedar Bluff rent is 39% lower than Knoxville average

Average Rent $1,390

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Knoxville apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.