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Rental Market Trends in Knoxville, IA

Updated September 2026

The average rent in Knoxville, IA is $617/month.

Rent in Knoxville is 63% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$617/month

Average Rent

547 Sq Ft

Average Size

-0.8%

Change / Year

22

Available Apartments

Knoxville rent varies by unit size and layout:

  • Studio apartments in Knoxville average $547 per month.
  • One-bedroom apartments in Knoxville average $617 per month.
  • Two-bedroom apartments in Knoxville average $922 per month.
  • Three-bedroom apartments in Knoxville average $1,277 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$547/month
420 Sq Ft
One Bedroom
$617/month
547 Sq Ft
Two Bedroom
$922/month
824 Sq Ft
Three Bedroom
$1,277/month
1,235 Sq Ft
View Knoxville Apartments

How much has average rent changed in Knoxville, IA?

In the past year, rent has decreased by 0.8%, which averages out to $4 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Knoxville, IA

September 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Knoxville, IA
Percentage*
Rent Range
43% Below $700/month
14% $700 - $1,000/month
43% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Knoxville, IA?

Because the average rent in Knoxville is $617, you’ll want to make about $2,056 per month or $24,672 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Knoxville, IA

22 Available Apartments for Rent

Search for Nearby Apartments

How does Knoxville, IA compare to other nearby cities and neighborhoods?

Use the tool below to compare Knoxville, IA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Pella

    Pella

    Avg Rent: $875/month

Apartment Communities in Knoxville We Think You'll Love

Villa's on Bell

Villa's on Bell

1329 S Lincoln St,
Knoxville, IA 50138

2-3 Beds | $955 - $1,380

602 S 4th St

602 S 4th St

602 S 4th St,
Knoxville, IA 50138

2-3 Beds | $900 - $1,000

905 N Roche St

905 N Roche St

905 N Roche St,
Knoxville, IA 50138

1 Bed | $900

1103 E Main St

1103 E Main St

1103 E Main St,
Knoxville, IA 50138

2 Beds | $925

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Frequently Asked Questions

What is the average rent in Knoxville?

The average rent in Knoxville is $617 per month, which is 62.9% lower than the national average of $1,665.

Are rents going up or down in Knoxville?

Rents in Knoxville, IA are decreasing, with prices down 0.8% year-over-year and $4 less per month.

What rent range is most common in Knoxville?

In Knoxville, IA, 43% of apartments fall below $700/month, though prices may vary depending on location and other factors.

United States Iowa Knoxville Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity