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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 $399,607, lower than the Maryland average of $450,578.
The average cost of rent is $1,427/mo in Knoxville, primarily driven by the current value of real estate in the Knoxville area. In Knoxville, 18.10% of households rent, and 35.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Knoxville is $11,147 per month. Households that rent pay about 12.81% of their income on rent here. Knoxville’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rosemont, MD: higher priced homes
- Brunswick, MD: equally priced homes
- Brownsville, MD: less expensive homes
- Yarrowsburg, MD: less expensive homes
- Dargan, MD: less expensive homes
- Burkittsville, MD: higher priced homes
- Olive, MD: higher priced homes
- Bolivar, WV: less expensive homes
- Lovettsville, VA: higher priced homes
- Rohrersville, MD: higher priced homes
Cities with Similar Populations
- Christmas, FL: equally priced homes
- Kings Bay, GA: less expensive homes
- Glen Dale, WV: less expensive homes
- Sleepy Hollow, IL: equally priced homes
- Emporium, PA: less expensive homes
- Stover, MO: less expensive homes
- Elloree, SC: less expensive homes
- Elizabethville, PA: less expensive homes
- DeLevan, NY: less expensive homes
- Dayton, WA: less expensive homes
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