Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroomSaved on this device

Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroom

Knoxville, TN

Housing in Knoxville, TN: Rent, Home Prices & Property Tax

$1,296/mo (1 bd) in Knoxville. Median home $255,300. Property tax 0.51%.

Compare vs Chicago Rank metros from KnoxvilleHow we figure this

Rent (1 bd): $1,296; /mo
Buy: $1,633; Mortgage, tax, insurance
Buying costs more: $337; /mo

State tax and rent

To buy

20% down payment$51,060
Mortgage at 6.5%$1,291
Property tax (0.51% of value)$109/mo · $1,302/yr
Insurance and upkeep$234
Monthly total$1,633

42.5% of renters spend 30% or more of income on rent. Census ACS 2023.

Months to 20% down

$2,409 left each month. About 22 months (1.8 years) to save $51,060.

Asking rent. Census median home price. 30-year fixed, 6.5%, 20% down. Not lending advice.

Moving from Knoxville

Knoxville → Nashville · $266 more

Compare Knoxville