Is Knoxville, TN a good place to invest in rental property?

Knoxville, TN has a median modeled monthly cash flow of $-1,130 and a median cap rate of 3.6%, on a median sold price of $385,000. Prices changed +3.1% year over year.

What is the average cap rate in Knoxville, TN?

The median cap rate across recently sold homes in Knoxville, TN is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Knoxville, TN?

The median sold price in Knoxville, TN is $385,000 (about $233 per square foot).

Investing in Knoxville, TN Real Estate

A data-driven snapshot of the Knoxville, TN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$385,000Median sold price

$233Median $/sqft

3.6%Median cap rate

$-1,130Modeled cash flow / mo

+3.1%Appreciation YoY

5.8Months of supply

16Active listings

33Sold (last 12 mo)

What the Knoxville numbers say

In Knoxville, TN, the median home sold for $385,000 (about $233 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-1,130 of monthly cash flow. Sold prices moved +3.1% over the past year. Inventory sits at about 5.8 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Tennessee markets to compare

See Knoxville cash-flowing listings

CashFlowRE ranks every for-sale home in Knoxville, TN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Knoxville deals, or browse the national market data.