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RE Intelligence

Rental numbers for Knox County, TN

The typical home here runs -$1,132 a month at 7.78% with 25% down, breaking even at about 0.9%. 1 of 18 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.0%.

Gross yield
5.5%
typical home, Zillow
Median ZIP yield
5.0%
18 ZIPs with full data
Cash flow
-$1,132/mo
at 7.78%, 25% down
Typical price
$378,000
Zillow ZHVI, Aug 2026
Typical rent
$1,738/mo
Zillow ZORI, Aug 2026

ZIP codes in Knox County

22 with published figures

37915Knoxville$200,000$1,97611.9%7.8%+$213n/a
37917Knoxville$254,000$1,7148.1%4.7%-$368+1.2%
37914Knoxville$254,000$1,6477.8%4.5%-$428+2.1%
37920Knoxville$322,000$1,9337.2%4.2%-$597+2.9%
37921Knoxville$291,000$1,7217.1%3.9%-$615+1.1%
37849Powell$362,000$2,1077.0%4.2%-$689n/a
37938Knoxville$389,000$2,1756.7%4.0%-$803n/a
37918Knoxville$332,000$1,6315.9%3.1%-$929+0.3%
37912Knoxville$291,000$1,2615.2%2.2%-$1,030-0.1%
37721Corryton$331,000$1,380*5.0%2.4%-$1,123n/a
37923Knoxville$404,000$1,6314.9%2.4%-$1,379+0.0%
37932Knoxville$535,000$2,1274.8%2.5%-$1,787-1.3%
37931Knoxville$435,000$1,7034.7%2.3%-$1,510-0.6%
37909Knoxville$379,000$1,4824.7%1.9%-$1,428-0.5%
37924Knoxville$340,000$1,310*4.6%2.1%-$1,242n/a
37806Mascot$282,000$1,080*4.6%1.9%-$1,068n/a
37871Strawberry Plains$300,000$1,100*4.4%1.9%-$1,152n/a
37934Farragut$652,000$2,2544.2%1.9%-$2,454+2.9%
37902Knoxville$635,000$2,1064.0%1.5%-$2,644+1.7%
37916Knoxville$491,000$1,5173.7%1.3%-$2,118n/a
37919Knoxville$550,000$1,5883.5%1.2%-$2,429-0.5%
37922Knoxville$640,000$1,8403.5%1.4%-$2,733+1.2%

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+1.3%
Rent, 12 months
+0.4%
Rent minus price growth
-0.9 pts
Property tax
0.43%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10011012013014015020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$264,636$1,351
Aug 2022$325,935$1,570
Aug 2023$351,052$1,655
Aug 2024$371,651$1,694
Aug 2025$373,150$1,731
Aug 2026$377,971$1,738

HUD Fair Market Rent

FY2027, Knoxville, TN HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$1,171$1,178$1,475$1,844$2,122

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
25.8
5,179 units, last 12 months
National percentile
95th
among US counties

Tools

Test a listing in Knox County against today's rate.

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Part of the Knoxville, TN metro.

Questions

Is Knox County good for rental property?
The typical home here runs -$1,132 a month at 7.78% with 25% down, breaking even at about 0.9%. 1 of 18 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.0%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Knox County?
About 0.43% of value, from Census ACS median taxes paid over median home value. On a $378,000 home that is about $1,610 a year.
What is Fair Market Rent in Knox County?
HUD's FY2027 Fair Market Rent here is $1,178 for a 1-bedroom, $1,475 for a 2-bedroom and $1,844 for a 3-bedroom. Typical cash flow at today's rate is -$1,132 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.