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Knoxville starts 2026 on softer footing Knoxville entered 2026 with softer multifamily fundamentals, as advertised asking rents fell 0.9 percent YoY to $1,470 in February and occupancy declined 70 bps YoY to 94.9 percent. Meanwhile, job growth rose 1.2 percent in 2025, double the U.S. average.
Knoxville entered 2026 with softer multifamily fundamentals, as advertised asking rents fell 0.9 percent YoY to $1,470 in February and occupancy declined 70 bps YoY to 94.9 percent. Meanwhile, job growth rose 1.2 percent in 2025, double the U.S. average.
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