Knoxville, TN

Knoxville, TN real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation
: 4.5%/yr.
Rent growth
: 3.5%/yr.
Median cap rate
: 3.9%.
Median IRR
: 7.7%.
Median rental home value
: $321,300.
Median rental rate
: $1,145/mo.
Median property tax
: $1,287/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.

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ZIP codes in Knoxville, TN

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