September 23, 2026

Matrix Multifamily Knoxville Report – September 2026

Knoxville rents soften

Knoxville advertised asking rents fell 1.1 percent YoY through July to $1,502 despite a 0.2 percent T3 gain. Recent supply expansion pressured occupancy, which fell 150 bps YoY to 94.4 percent in June.

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