Legacy Pointe
2901 Legacy Pointe,
Knoxville, TN 37921
$1,310 - $1,825
1-3 Beds
Rental Market Trends in Powell, TN
What is the average rent in Powell, TN?
$1,917/month
Average Rent
777 Sq Ft
Average Apartment Size
+25.2%
Increase in the Last Year
As of September 2025, the average rent in Powell, TN is $1,917 per month. This is 17% higher than the national average rent price of $1,640/month, making Powell one of the most expensive cities in the US. When you rent an apartment in Powell, you can expect to pay about per month for a studio, $1,917 for a one-bedroom apartment, and around $1,639 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,790 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Powell, TN?
In the past year, rent has increased by 25.2%, which averages out to $483 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024
2025
Rent Ranges in Powell, TN
Last Updated September 2025
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
25%
Below $700/month
0%
$700 - $1,000/month
25%
$1,001 - $1,500/month
25%
$1,501 - $2,000/month
25%
Above $2,000/month
What salary do I need to live comfortably in Powell, TN?
Because the average rent in Powell is $1,917, you’ll want to make about $6,390 per month or $76,680 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.
How does Powell, TN compare to other nearby cities and neighborhoods?
Use the tool below to compare Powell, TN 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.
Nearby City Rent Trends
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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 2025.
* Percentages may not total 100 due to rounding.