Real Estate Investing in Knoxville, Tennessee (37917)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37917 (Knoxville, TN)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 13.3% of homes vacant — above national norms.
What’s happening in Knoxville, TN (37917)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37917 Knoxville
ZIP 37917 in Knoxville, TN carries a significant set of headwinds. Home values near $257K and rents of $1,729/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 37917 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 37917 and stronger Knoxville ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A resilient renter share of 52% in 37917 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 37917 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Knoxville:
Property Strategy for 37917
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $216,503 | $1,310 | 4.4% | +13.9% | $216,503 |
| 2BR | $223,569 | $1,630 | 5.2% | +12.2% | $111,785 |
| 3BR | $275,146 | $2,070 | 5.4% | +11.9% | $91,715 |
| 4BR | $346,821 | $2,410 | 5.0% | +11.1% | $86,705 |
| 5BR | $422,076 | — | — | +11.4% | $84,415 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37917 Compare?
| Metric | 37917 | Knoxville | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $257,131 | $207,092 | N/A | $327,001 |
| 5-Year CAGR | 8.1% | 8.7% | N/A | 7.7% |
| Avg Rent | $1,729 | $1,756 | N/A | - |
| Cap Rate | 5.2% | 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 37917 (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 | $257,131 |
| Monthly Rent | $1,729 |
| Price-to-Rent | 12.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.1% |
| Cap Rate | 5.2% |
| 5-Year IRR | 13.3% |
📈 Home Appreciation
| 1-Year | +2.3% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +8.1% ▲ |
| 10-Year CAGR | +11.0% ▲ |
🏠 Rent Trends
| 1-Year | -0.4% ▼ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +6.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.2%). 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 37917
Population: 25,738
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 37917
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 price range are homes in Knoxville, TN?
The median home value in Knoxville, TN is roughly $257K. That puts it reasonable relative to the TN statewide average.
How much do tenants pay in Knoxville, TN?
Expect rents around $1,729/mo per month in Knoxville, TN. With home values at $257K, the yield math works out to reasonable levels for rental investors.
Which investment style suits Knoxville, TN?
Investors usually favor careful cash-flow rentals with hands-on management in Knoxville, TN. With home values at $257K and rents near $1,729/mo, other strategies can work but produce consistent rather than outsized returns.
Does a duplex house hack pencil in Knoxville, TN?
For house hackers, Knoxville, TN is a challenging. The $1,729/mo rent on a unit helps defray the mortgage on a $257K property.
How strong is the working-renter base in Knoxville, TN?
The renter base in Knoxville, TN is reasonable for the $1,729/mo price point. Screening well and pricing to market typically yields steady tenants.
You know 37917 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37917 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 37917 ranks in Knoxville, TN
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