Rent to own Homes in Knoxville, TN

Knoxville, Tennessee, located in Knox County, is the third largest city in the state. It is a part of the Knoxville Metropolitan Statistical Area. This modern city is home to various amenities, parks, and great schools. For individuals looking for a rent to own homes, there are likely plenty of options available. Property rental options range from single family homes to condos, and much more. Before determining if this is the right place for you to live, get to know the city and region up close.

Knoxville, TN is a great place for affordable rent-to-own homes! With a median household income of over $41,598 and a median rent of $883, the Knoxville, TN rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Knoxville, TN. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Knoxville, TN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
6944 WYNDHAM POINTE LN
Rent To Own
 
Single Family Home
Knoxville, TN 37931
3
2
2450 ft2
2004
1725 WYNRUSH CIR
Rent To Own
 
Single Family Home
Knoxville, TN 37923
4
4
2986 ft2
1994
155 FEDERAL BLVD
Rent To Own
Farragut
Single Family Home
Farragut, TN 37934
4
3
3896 ft2
1988
Hot
1 of 4 372 HAYTER DR
Rent To Own
 
Single Family Home
Morristown, TN 37813
4
3
3864 ft2
1999
100 COUNTY ROAD 2520
Rent To Own
 
Single Family Home
Athens, TN 37303
3
3
1800 ft2
2007
107 COUNTY ROAD 2520
Rent To Own
 
Single Family Home
Athens, TN 37303
4
3
2552 ft2
2008
2718 PAINTER AVE #B108
Rent to Own Eligible
 
Townhouse/Condo
Knoxville, TN 37919
2
1
580 ft2
1974
Hot
724 GREEN MEADOWS DR
Rent to Own Eligible
Colonial Village
Single Family Home
Knoxville, TN 37920
3
1
1344 ft2
1971
New
2111 MARYLAND AVE
Rent to Own Eligible
Beaumont
Single Family Home
Knoxville, TN 37921
3
1
924 ft2
1952
New
3206 WASHINGTON PIKE
Rent to Own Eligible
North Hills
Single Family Home
Knoxville, TN 37917
3
2
1364 ft2
2006
New
402 SHARP LN
Rent to Own Eligible
North Knoxville
Single Family Home
Knoxville, TN 37912
2
2
1028 ft2
1997
New
5015 SCHUBERT RD
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37912
3
2
1382 ft2
1945
Hot
1904 WOODBINE AVE
Rent to Own Eligible
Parkridge
Single Family Home
Knoxville, TN 37917
4
4
1776 ft2
1920
New
116 E INSKIP DR
Rent to Own Eligible
North Knoxville
Single Family Home
Knoxville, TN 37912
3
2
1444 ft2
1930
1 of 31 7341 LUCKY CLOVER LN
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37931
3
3
1984 ft2
2016
New
2832 E 5TH AVE
Rent to Own Eligible
Park City
Single Family Home
Knoxville, TN 37914
4
3
2216 ft2
1930
New
1 of 46 3412 ARGYLE DR
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37914
4
3
1848 ft2
1969
5709 LYONS VIEW PIKE
Rent to Own Eligible
 
Townhouse/Condo
Knoxville, TN 37919
3
2
1815 ft2
1969
618 LICHEN LN
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37920
2
1
1365 ft2
1950
7317 DRAEGER RD
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37920
3
1
1464 ft2
1910
Hot
107 LAKE FOREST CIR
Rent to Own Eligible
Lake Forest
Single Family Home
Knoxville, TN 37920
2
1
1058 ft2
1945
7905 POWELL HEIGHTS RD
Rent to Own Eligible
 
Single Family Home
Powell, TN 37849
3
1
1176 ft2
1958
209 Henry Haynes Dr
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37920
3
2
1864 ft2
1985
1308 WINDAMERE RD
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37923
3
2
1620 ft2
1984
1 of 27 9909 COLUZZI DR
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37923
3
2
1556 ft2
1971
2626 VUCREST AVE
Rent to Own Eligible
South Knoxville
Single Family Home
Knoxville, TN 37920
3
1
816 ft2
1962
7914 GLEASON DR #1166
Rent to Own Eligible
 
Townhouse/Condo
Knoxville, TN 37919
3
3
1680 ft2
1977
1 of 26 7512 W MARTIN MILL PIKE
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37920
2
1
1272 ft2
1941
Hot New
3616 ALPINE DR
Rent to Own Eligible
South Knoxville
Single Family Home
Knoxville, TN 37920
2
1
1041 ft2
1930
New
1 of 54 119 VAN GILDER WAY
Rent to Own Eligible
 
Single Family Home
Seymour, TN 37865
3
2
2091 ft2
2021
New
1916 BISHOPS BRIDGE RD
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37922
3
3
1604 ft2
1982
New
9121 CHAPMAN HWY
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37920
2
1
1152 ft2
1963
1 of 36 2205 BISHOPS BRIDGE RD
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37922
4
3
1775 ft2
1980
1151 SEVIER AVE
Rent to Own Eligible
Old Sevier
Single Family Home
Knoxville, TN 37920
3
2
1187 ft2
1930
1615 EDDS RD
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37914
2
1
622 ft2
1950
7625 DUPREE RD
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37920
3
1
1662 ft2
2018
Hot
1 of 41 110 STOOKSBURY ST
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37914
2
1
802 ft2
1937
109 LONGVALE DR
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37920
4
2
1308 ft2
2022
1618 LUCK AVE
Rent to Own Eligible
North Knoxville
Single Family Home
Knoxville, TN 37917
2
2
1189 ft2
1920
2430 PARKVIEW AVE
Rent to Own Eligible
Park City
Single Family Home
Knoxville, TN 37917
4
3
1500 ft2
1920
1 of 15 1720 HILLWOOD DR
Rent to Own Eligible
South Knoxville
Single Family Home
Knoxville, TN 37920
3
1
864 ft2
1960
1 of 8 1509 JULIA ALLISON DR
Rent to Own Eligible
 
Single Family Home
Sevierville, TN 37876
3
2
1590 ft2
2006
1 of 49 2528 SABLE POINT LN
Rent to Own Eligible
 
Single Family Home
Knoxville, TN 37924
3
3
2026 ft2
2002
1 of 203 307 CENTEROAK DR
Rent to Own Eligible
Lake Forest
Single Family Home
Knoxville, TN 37920
3
2
2119 ft2
1955
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Buying a Home in Knoxville, TN

Knoxville, TN is seeing rapid growth and Knoxville, TN's' housing market remains optimal with an average home price that is -34% below the 2024 national average. Knoxville, TN is part of Knox county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Knox is 0.72% which is below the national average, which is 0.99%.

Median Home Price in Knoxville, TN

Median Rent in Knoxville, TN

Rent to own homes offer low monthly payments and flexible terms.

Top Reasons to Live in Knoxville TN

Housing Statistics in Knoxville If you plan to find rental houses, you may want to know about the overall housing market in Knoxville. The city itself is large with various regions. Some are low priced and offer smaller homes. Other areas are larger with yards and plenty of space for families. The homes for sale in Knoxville range widely, but the average listing price of a home here was $263,152 for the week ending August 14th, 2013. This is a decrease in value from the previous year at this time. The median sale price of a home here in the second quarter of 2013 was $165,000. In numbers, 2399 homes sold in the area throughout the previous year. More recently, about 735 sales have occurred here. The average price per square foot of homes here is $93, based on the most recent sales data in the middle of August of 2013.

Transportation and Commutes Many people who live in the Greater Knoxville area will commute into the heart of the city for work. However, most of Knoxville is residential and commercial mixed, making a variety of travel paths likely for those living here. There are two main interstates that run through the area. This includes Interstate 40, which connects Nashville to Asheville, with Knoxville being a large exit. Additionally, Interstate 75 is here as well. This highway connects Chattanooga to Lexington. One of the busiest roads in the city is Route 129, which runs through the Downtown area and reaches to McGhee Tyson Airport. Tennessee State Route 158 also runs through the downtown area from Kingston Pike. Commutes from the farthest suburbs can be as long as 30 minutes, while others are significantly shorter.

Local Sports The city of Knoxville is a sports loving town. There are plenty of examples of this through the University of Tennessee's athletic department. In fact, the university's team, the Volunteers, are one of the most important components of the city's culture. The football team plays in Neyland Stadium, which is one of the largest in the country. Other sports teams in the area include the Knoxville Force, which is a National Premier Soccer League team, the Knoxville Ice Bears, a Southern Professional Hockey League, the Tennessee Smokies, a Double A affiliate of the Chicago Cubs, and the Knoxville Nighthawks, a member of the Professional Indoor Football League.

Knoxville Neighborhoods As a large, metro area, Knoxville is home to various neighborhoods. These range widely throughout the community. Rental homes are available in most of these areas, including homes for sale and rental property.