May 1, 2025
Matrix Multifamily Knoxville Report-April 2025
Knoxville’s Incoming Supply
Knoxville’s supply growth slowed occupancy, impacting rental rates. Advertised asking rents were down 0.3 percent on a T3 basis through February to $1,460, with the occupancy rate in stabilized properties down 0.7 percent YoY to 95.7 percent.
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