Real Estate Investing in Knoxville, Tennessee (37918)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37918 (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.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Knoxville, TN (37918)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37918 Knoxville
On the rental side, ZIP 37918 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $336K median. It rewards specialists, not generalists.
Rent of $1,611/mo on a $336K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 37918 sits below the stated 0.0% once reality is priced in.
In the broader TN picture, 37918 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 37918 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Knoxville:
Property Strategy for 37918
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $172,744 | $1,160 | 4.8% | +11.6% | $172,744 |
| 2BR | $249,601 | $1,440 | 4.2% | +11.8% | $124,801 |
| 3BR | $328,930 | $1,820 | 4.0% | +10.9% | $109,643 |
| 4BR | $433,839 | $2,130 | 3.5% | +10.7% | $108,460 |
| 5BR | $528,804 | — | — | +10.8% | $105,761 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37918 Compare?
| Metric | 37918 | Knoxville | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $336,034 | $207,092 | N/A | $327,001 |
| 5-Year CAGR | 8.0% | 8.7% | N/A | 7.7% |
| Avg Rent | $1,611 | $1,756 | N/A | - |
| Cap Rate | 3.7% | 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 37918 (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 | $336,034 |
| Monthly Rent | $1,611 |
| Price-to-Rent | 17.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.7% |
| 5-Year IRR | 11.7% |
📈 Home Appreciation
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +8.0% ▲ |
| 10-Year CAGR | +8.7% ▲ |
🏠 Rent Trends
| 1-Year | -4.8% ▼ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +5.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). 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 37918
Population: 45,978
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 37918
Schools in This ZIP Code
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
Is Knoxville, TN better for rentals, flips, or BRRRR?
Knoxville, TN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($336K prices, $1,611/mo rents) make it a reasonable choice.
Is rental property easy to operate in Knoxville, TN?
The landlord environment in Knoxville, TN is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
How much do tenants pay in Knoxville, TN?
Rent in Knoxville, TN is around $1,611/mo. The resulting rent-to-value relationship with $336K pricing is reasonable for most investor models.
Does a duplex house hack pencil in Knoxville, TN?
The a challenging house-hack environment in Knoxville, TN reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Is vacancy a concern in Knoxville, TN?
Expect elevated vacancy in Knoxville, TN. Rents at $1,611/mo are absorbed by the tenant base without meaningful lag.
You know 37918 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37918 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 37918 ranks in Knoxville, TN
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