Housing costs in Knoxville?
A typical home costs
$223,300, which is 34.0% less expensive than the national average of
$338,100 and 19.5% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Knoxville costs
$1,220 per month, which is 14.0% more than the national average of
$1,070 and 8.2% more than the state average of
$1,120.
Can I afford Knoxville?
To live comfortably in Knoxville (zip 37917), Tennessee, a minimum annual income of
$42,840 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Knoxville?
The cost of living in 37917 Knoxville, TN is generally quite affordable. The median home price in the area is around $162,000, and the median rent is just over $1,000 per month. There are also plenty of job opportunities in the area with the unemployment rate hovering around 6%. Additionally, there are a variety of shopping and dining options available for residents to enjoy. With these cost-effective housing prices and low unemployment rate, it's no wonder that so many people are drawn to living in 37917 Knoxville, TN.