Rent vs Buy in Knoxville, TN

Knoxville, TN Assumptions

Home Purchase
Ongoing Costs
Rental
Growth
Tax
Projection

Buy Net Worth

Rent Net Worth

Break-Even

Verdict

Net Worth Over Time — Knoxville, TN

Year-by-Year Comparison

Year-by-year rent vs buy comparison for Knoxville, TN
Year Buy
Net Worth
Rent
Net Worth
Difference Monthly
Buy Cost
Monthly
Rent

Cities & Towns in Knoxville, TN

This calculator's defaults reflect the broader Knoxville, TN metropolitan area, including:

  • Knoxville
  • Farragut
  • Maryville
  • Oak Ridge
  • Alcoa
  • Sevierville
  • Lenoir City
  • Powell

Region: South. Housing cost-of-living index: 78 (national avg = 100). Composite cost-of-living: 89.

About this Knoxville, TN estimate

The default home price and rent come from the Knoxville, TN metropolitan area's housing cost-of-living index applied to national 2025 medians ($420,000 home, $1,850/mo rent for a typical 2-3 BR). The property tax rate is the average effective rate for Tennessee per the Tax Foundation. These are starting points — adjust to match your specific listing, neighborhood, and tax bill.