Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Knoxville area can be challenging. Home prices in Knoxville are now at a median cost of $111,033, lower than the Alabama average of $185,232.
The average cost of rent is $554/mo in Knoxville, primarily driven by the current value of real estate in the Knoxville area. While nearly 57.88% of residents own their homes outright in Knoxville, 12.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in Knoxville is $3,004 per month. Households that rent pay about 18.43% of their income on rent here. Knoxville's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Snoddy, AL: less expensive homes
- Fosters, AL: higher priced homes
- Ralph, AL: higher priced homes
- Stewart, AL: less expensive homes
- Union, AL: less expensive homes
- Powers, AL: higher priced homes
- Moundville, AL: higher priced homes
- Akron, AL: less expensive homes
- Mantua, AL: less expensive homes
- Evansville, AL: less expensive homes
Cities with Similar Populations
- Mansfield, NC: higher priced homes
- Rosspoint, KY: equally priced homes
- Rosevine, TX: equally priced homes
- Roll, AZ: higher priced homes
- Rolinda, CA: higher priced homes
- Meeks, GA: less expensive homes
- Maysfield, TX: higher priced homes
- Maxwell, NM: higher priced homes
- Mattoon, KY: equally priced homes
- Martinsville, MS: less expensive homes
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