2026 Affordability Data
Most Affordable Neighborhoods in Knoxville - 2026 Data
The median home value in Knoxville is $195,000, 31% below nat'l avg. Median rent is $1,192/month. With an affordability index of 55, Knoxville is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Knoxville, TN area.
Key Takeaways: Affordability in Knoxville
- 1The most affordable neighborhood in Knoxville is Memphis, with a median home value of $135,000.
- 2Knoxville's median home value is $195,000, 31% below nat'l avg (national: $281,900).
- 3Knoxville's affordability index is 55 (baseline 100), making it less affordable than the national average.
- 4Median rent in Knoxville is $1,192/month, near national avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Knoxville to find the most affordable areas based on home values, rent, and affordability index.
Knoxville Affordability Overview
Median Home Value
$195,000
31% below nat'l avg
Median Rent
$1,192/mo
Near nat'l avg
Median Income
$39,445
47% below nat'l avg
Affordability Index
55
45% below nat'l avg
Most Affordable Neighborhoods in Knoxville (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | MemphisTN | $135,000 |
| 2 | NashvilleTN | $365,000 |
| 3 | ColliervilleTN | $409,000 |
| 4 | JacksonTN | $169,300 |
| 5 | KingsportTN | $181,600 |
| 6 | Spring HillTN | $389,800 |
| 7 | NolensvilleTN | $601,900 |
| 8 | BrownsvilleTN | $108,300 |
| 9 | AlcoaTN | $216,100 |
| 10 | ArlingtonTN | $338,900 |
| 11 | ManchesterTN | $202,200 |
| 12 | HendersonvilleTN | $364,700 |
| 13 | SmyrnaTN | $285,200 |
| 14 | AthensTN | $182,100 |
| 15 | FranklinTN | $574,000 |
Detailed Neighborhood Profiles
Home Value: $135,000
Rent: $1,416/mo
Affordability: 148
Population: 633,104
Walk Score: 89/100
Home Value: $365,000
Rent: $2,078/mo
Affordability: 125
Population: 689,447
Walk Score: 98/100
Home Value: $409,000
Rent: $1,363/mo
Affordability: 102
Population: 51,170
Walk Score: 0/100
4
Home Value: $169,300
Rent: $1,363/mo
Affordability: 102
Population: 67,993
Walk Score: 0/100
5
Home Value: $181,600
Rent: $1,363/mo
Affordability: 102
Population: 55,415
Walk Score: 0/100
6
Home Value: $389,800
Rent: $1,363/mo
Affordability: 102
Population: 51,319
Walk Score: 0/100
7
Home Value: $601,900
Rent: $1,363/mo
Affordability: 102
Population: 14,444
Walk Score: 0/100
8
Home Value: $108,300
Rent: $1,363/mo
Affordability: 102
Population: 9,739
Walk Score: 0/100
9
Home Value: $216,100
Rent: $1,363/mo
Affordability: 102
Population: 11,095
Walk Score: 0/100
10
Home Value: $338,900
Rent: $1,363/mo
Affordability: 102
Population: 14,342
Walk Score: 0/100
11
Home Value: $202,200
Rent: $1,363/mo
Affordability: 102
Population: 12,325
Walk Score: 0/100
12
Home Value: $364,700
Rent: $1,363/mo
Affordability: 102
Population: 61,589
Walk Score: 0/100
13
Home Value: $285,200
Rent: $1,363/mo
Affordability: 102
Population: 53,760
Walk Score: 0/100
14
Home Value: $182,100
Rent: $1,363/mo
Affordability: 102
Population: 14,091
Walk Score: 0/100
15
Home Value: $574,000
Rent: $1,363/mo
Affordability: 102
Population: 83,630
Walk Score: 0/100
Frequently Asked Questions About Affordability in Knoxville
What is the most affordable neighborhood in Knoxville, TN?▾
Based on 2026 data, Memphis is the most affordable neighborhood in Knoxville with a median home value of $135,000. Kurby analyzed 15 neighborhoods in the Knoxville area to compile these rankings.
What is the median home price in Knoxville, TN?▾
The median home price in Knoxville is $195,000, which is 31% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Knoxville affordable compared to the national average?▾
Knoxville has an affordability index of 55, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Knoxville, TN?▾
The median monthly rent in Knoxville is $1,192. This is near national avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Knoxville?▾
The median household income in Knoxville is $39,445 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Knoxville are below the national average home price?▾
7 out of 15 ranked neighborhoods in Knoxville have a median home value below the national average of $281,900. The most affordable is Memphis at $135,000 (Source: Kurby, 2026).