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These days, finding an affordable place to live in the South Knoxville area can be challenging. Home prices in South Knoxville are now at a median cost of $131,450, lower than the Knoxville average of $221,783.
The average cost of rent is $1,037/mo in South Knoxville, primarily driven by the current value of real estate in the South Knoxville area. While nearly 38.04% of residents own their homes outright in South Knoxville, 62.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Knoxville is $3,848 per month. Households that rent pay about 26.94% of their income on rent here. South Knoxville's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Mornngside, Knoxville, TN: higher priced homes
- Fort Sanders, Knoxville, TN: higher priced homes
- Park City, Knoxville, TN: less expensive homes
- Oakwood, Knoxville, TN: less expensive homes
- Historic Montford, Asheville, NC: higher priced homes
- Oakley, Asheville, NC: higher priced homes
- Douglas, Elizabethton, TN: higher priced homes
- Downtown Boone, Boone, NC: higher priced homes
- Four Corners, Antioch, TN: higher priced homes
- Nashboro Village, Nashville, TN: higher priced homes
Neighborhoods with Similar Populations
- Drake, Des Moines, IA: higher priced homes
- Shenandoah, Aurora, CO: higher priced homes
- Seventh Ward, New Orleans, LA: higher priced homes
- Fenton Area, Fenton, MO: higher priced homes
- Falls of Neuse, Raleigh, NC: higher priced homes
- Fairlington-Shirlington, Arlington, VA: higher priced homes
- Everett Mall South, Everett, WA: higher priced homes
- Estlake Greens, Chula Vista, CA: higher priced homes
- Englewood Park, Orlando, FL: higher priced homes
- Energy Corridor, Houston, TX: higher priced homes
All Local Stats
Home Services
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