Matrix Multifamily Knoxville Report-April 2022 April 28, 2022

Knoxville Rental Market Solid Across the Board

Knoxville’s multifamily market fundamentals are improving, capitalizing on the long-lasting appeal of the Sun Belt. Knoxville rents rose 1.1 percent on a T3 basis as of February, nearly twice as fast as the U.S. rate of growth, and other performance metrics were also above trend.