Knoxville, TN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Knoxville short-term rental market based on reliable data.

Listings

1841 / 3536

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$33,849

Middle-Earners Revenue

Occupancy

63%

Middle-Earners Occupancy

Home Value

$363,688

Median Home Sale Price

Top Earners

$68,021

Top-Earners Revenue

Knoxville

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Knoxville.

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C

Challenging to Investors

Knoxville Regulations

Knoxville permits STRs and routes licensing through its Business License/Tax Office, but key rules (zoning limits, caps, inspection requirements, permits/fees, enforcement) are not published, requiring direct confirmation and adding compliance uncertainty and investor risk.

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About Knoxville

Knoxville, Tennessee is a vibrant city situated in the eastern part of the state. As of the 2020 Census, the city boasts a population of approximately 190,000 residents. Knoxville is strategically located about 180 miles northeast of Nashville, Tennessee, and approximately 113 miles southwest of Asheville, North Carolina. The city's proximity to these larger metropolitan areas makes it an attractive destination for short-term rentals.

Knoxville is home to several notable landmarks and attractions that draw visitors year-round. The campus of the University of Tennessee (https://www.utk.edu/)) is a major hub of activity, bringing in students, families, and sports enthusiasts primarily for its renowned football games at Neyland Stadium (https://utsports.com/sports/football/stadium)..) Visitors can also explore Market Square (https://www.visitknoxville.com/blog/post/market-square/)) in downtown Knoxville, which offers a mix of restaurants, shops, and events.

The city boasts rich cultural offerings such as the Knoxville Museum of Art (https://knoxart.org/)) and the historic Tennessee Theatre (https://www.tennesseetheatre.com/),,) providing a well-rounded visitor experience. For nature enthusiasts, the nearby Great Smoky Mountains National Park (https://www.nps.gov/grsm/index.htm)) offers extensive outdoor activities and is only about an hour's drive from the city.

Furthermore, Knoxville's proximity to other attractions like Dollywood (https://www.dollywood.com/)) in Pigeon Forge, TN, which is about 40 miles away, and its location along the Tennessee River make it a compelling option for those seeking short-term rental accommodations. This diverse array of landmarks and activities contributes to the city's strong appeal for short-term visitors.

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