Real Estate Investing in Knoxville, Tennessee (37916)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37916 (Knoxville, TN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.1% of homes vacant — above national norms.
- Elevated poverty: 74.1% poverty rate — can affect rent collection.
- High price-to-rent: Price-to-rent ratio 31.2 — hard to cash-flow at these prices.
- Lower household income: $18,586 median — tenant affordability is tighter.
What’s happening in Knoxville, TN (37916)?
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Market Analysis: 37916 Knoxville
On balance, ZIP 37916 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $507K median. It rewards specialists, not generalists.
For an experienced owner, 37916 can be a a strong candidate for hunting ground — but the discount at $507K reflects genuine risk that outside investors often underestimate.
In the broader TN picture, 37916 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
In practical terms, 14,771 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategy in 37916 is an operator game, not a passive one. On the rental side, entry prices of $507K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Knoxville:
Property Strategy for 37916
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $225,057 | $1,210 | 3.9% | +20.0% | $225,057 |
| 2BR | $340,008 | $1,500 | 3.2% | +14.5% | $170,004 |
| 3BR | $474,829 | $1,900 | 2.9% | +13.3% | $158,276 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37916 Compare?
| Metric | 37916 | Knoxville | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $506,882 | $207,092 | N/A | $327,001 |
| 5-Year CAGR | 13.7% | 8.7% | N/A | 7.7% |
| Avg Rent | $1,353 | $1,756 | N/A | - |
| Cap Rate | 2.1% | 3.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37916 (Knoxville, TN). Anonymous, moderated, never written by AI.
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Property managers serving Knox County
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📊 Market Snapshot
| Home Value | $506,882 |
| Monthly Rent | $1,353 |
| Price-to-Rent | 31.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 15.8% |
📈 Home Appreciation
| 1-Year | +10.8% ▲ |
| 3-Year CAGR | +12.3% ▲ |
| 5-Year CAGR | +13.7% ▲ |
| 10-Year CAGR | +10.2% ▲ |
🏠 Rent Trends
| 1-Year | -67.1% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 37916
Population: 14,771
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 37916
Schools in This ZIP Code
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
Vine Middle/Magnet
Green Magnet Math And Science Academy
L N STEM Academy
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 798 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the smart move for investors in Knoxville, TN?
A careful cash-flow rentals with hands-on management strategy Knoxville, TN best. The market produces steady results for that approach at the $507K price point.
How strong are rents in Knoxville, TN?
Rent in Knoxville, TN is around $1,353/mo. The resulting rent-to-value relationship with $507K pricing is reasonable for most investor models.
What is the typical home price in Knoxville, TN?
Median home price in Knoxville, TN is near $507K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
How high is vacancy risk in Knoxville, TN?
Vacancy in Knoxville, TN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,353/mo.
Is Knoxville, TN a friendly market for rental owners?
Rental owners in Knoxville, TN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 37916 now. You don’t know where it ranks.
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How 37916 ranks in Knoxville, TN
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