Knoxville is the 84th largest multifamily market with 42,957 completed units and 5,807 units in development, 1,497 of which have already broken ground, as of September 2022.
Knoxville Multifamily Market Summary – September 2022
New lease asking rents are at $1,460, up 17.6%▲
from the previous year placing Knoxville at 1st
overall in year-over-year rent growth.
Knoxville Multifamily Market Summary – August 2022
New lease asking rents are at $1,454, up 18%▲
from the previous year placing Knoxville at 1st
overall in year-over-year rent growth.
Knoxville Multifamily Market Summary – July 2022
New lease asking rents are at $1,451, up 20.1%▲
from the previous year placing Knoxville at 2nd
overall in year-over-year rent growth.
Knoxville Multifamily Market Summary – June 2022
New lease asking rents are at $1,419, up 20.6%▲
from the previous year placing Knoxville at 5th
overall in year-over-year rent growth.
Knoxville Multifamily Market Summary – May 2022
New lease asking rents are at $1,380, up 19.1%▲
from the previous year placing Knoxville at 12th
overall in year-over-year rent growth.
.
Knoxville Multifamily Market Summary – April 2022
New lease asking rents are at $1,347, up 18.1%▲
from the previous year placing Knoxville at 19th
overall in year-over-year rent growth.
Knoxville Multifamily Market Summary – March 2022
New lease asking rents are at $1,331, up 17.8%▲
from the previous year placing Knoxville at 22nd
overall in year-over-year rent growth.
Knoxville Multifamily Market Summary – February 2022
New lease asking rents are at $1,320, up 18.6%▲
from the previous year placing Knoxville at 22nd
overall in year-over-year rent growth.
Knoxville Multifamily Market Summary – January 2022
New lease asking rents are at $1,302, up 17.5%▲
from the previous year placing Knoxville at 27th
overall in year-over-year rent growth.
Knoxville Multifamily Market Summary – December 2021
New lease asking rents are at $1,274, up 15.9%▲
from the previous year placing Knoxville at 28th
overall in year-over-year rent growth.
