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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 $210,208, lower than the Iowa average of $226,062.
The average cost of rent is $820/mo in Knoxville, primarily driven by the current value of real estate in the Knoxville area. In Knoxville, 20.40% of households rent, and 40.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Knoxville is $6,827 per month. Households that rent pay about 12.01% of their income on rent here. Knoxville’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pershing, IA: equally priced homes
- Attica, IA: less expensive homes
- Otley, IA: higher priced homes
- Harvey, IA: equally priced homes
- Melcher, IA: higher priced homes
- Dallas, IA: equally priced homes
- Columbia, IA: higher priced homes
- Melcher-Dallas, IA: less expensive homes
- Pleasantville, IA: equally priced homes
- Tracy, IA: less expensive homes
Cities with Similar Populations
- Brookdale, NJ: higher priced homes
- Sykesville, MD: higher priced homes
- Bargersville, IN: higher priced homes
- Barnesville, GA: equally priced homes
- Bath, ME: higher priced homes
- Brookville, OH: equally priced homes
- Baxter, MN: higher priced homes
- Beachwood, NJ: higher priced homes
- Tuckahoe, NY: higher priced homes
- Supply, NC: higher priced homes
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