Matrix Multifamily Knoxville Report-September 2022 September 30, 2022

Knoxville Achieves New Records

At a time when most markets are experiencing some form of moderation in rent, development or transaction activity, Nashville is witnessing new highs across its fundamentals. Rent growth on a T3 basis is double the national rate, at 2.0 percent as of July, and investment activity is the highest in a decade.