August 13, 2022

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knoxville downtown view

7 Most Affordable Knoxville Suburbs to Live In

Often named “The Marble City,” Knoxville, Tennessee is an legendary southern metropolis. From iconic eats to the fantastic songs scene, it’s not a shock that roughly 188,000 folks contact this town home. If you’re shifting to or residing in Knoxville, know that the housing market is considerably competitive. The median dwelling sale value is $310,000, and the ordinary lease for a two-bedroom apartment in Knoxville is about $1,397.

Do not fear if those people quantities never match in your spending plan – we have got choices to help you discover a residence or apartment that does. To aid you uncover the right place to obtain a house, we’ve gathered a list of the 7 best cost-effective Knoxville suburbs to test out. And they are all a lot less than 45 minutes absent from the metropolis. You’ll be shut ample to investigate all of Knoxville’s finest pursuits with out paying the cost of metropolis existence.

knoxville downtown view

#1: Harriman

Median house price: $214,500
Driving distance from Knoxville: 45 minutes
Harriman, TN houses for sale
Harriman, TN apartments for lease

Harriman, with a median household sale value of $214,500, is the most affordable Knoxville suburb on our listing. About a 45-moment push away from downtown Knoxville, Harriman is house to about 6,000 inhabitants. Harriman is regarded for its background, its purely natural natural beauty, and its friendly people.

#2: Alcoa

Median household value: $228,500
Driving distance from Knoxville: 20 minutes
Alcoa, TN households for sale
Alcoa, TN apartments for lease

Alcoa comes in as the next most effective inexpensive suburb in Knoxville. Just about 20 minutes from Knoxville, you can go to the Knoxville Zoo in no time. When dwelling in this suburb of 10,000 men and women, verify out the Alcoa Duck Pond, consider a stroll or bicycle trip on the Alcoa Greenway, or go mountaineering or camping in the Fantastic Smoky Mountains Nationwide Park.

knoxville suburb aerial view

#3: Coalfield

Median dwelling value: $248,000
Driving length from Knoxville: 40 minutes
Coalfield, TN residences for sale
Coalfield, TN flats for lease

Proclaiming the 3rd spot is Coalfield. Just 40 minutes outside the house of Knoxville, you will uncover the residence selling prices are much considerably less high-priced. There are numerous points to do in Coalfield, Tennessee. Examine out the suburb’s quite a few parks and recreation parts, which include the Coal Creek Recreation Space, the Cumberland Mountain Condition Park, and the Large South Fork Nationwide River and Recreation Place. There are also a number of museums and historical websites, including the Coal Mining Museum and the Coal Creek Miners Memorial.

#4: Oliver Springs

Median home cost: $258,000
Driving length from Knoxville: 40 minutes
Oliver Springs, TN residences for sale
Oliver Springs, TN residences for rent

A little a lot more expensive than Coalfield is Oliver Springs, the subsequent suburb on our list. With a populace near to 4,000, there’s nonetheless a good deal to do in this Knoxville suburb. Oliver Springs is recognised for its coal mines and outdoor recreation. The town is surrounded by the Appalachian Mountains, and Oliver Springs is household to several hiking and biking trails. The city is also identified for its yearly Labor Day Celebration, which includes a parade and reside music.

knoxville path in the park with orange and yellow trees

#5: Kingston

Median dwelling price tag: $260,000
Driving distance from Knoxville: 40 minutes
Kingston, TN residences for sale
Kingston, TN residences for rent

Push 40 minutes outside the house of Knoxville, and you will locate the suburb of Kingston, yet another excellent spot to insert to your listing. With 6,000 people residing in this inexpensive town, Kingston is a good possibility to look at when on the lookout to continue to be near to Knoxville without the need of spending the high quality for a residence in the metropolis. Living in Kingston, you are going to obtain there are a range of shops and dining establishments in the quaint downtown area. 

#6: Lake City

Median home price tag: $270,000
Driving distance from Knoxville: 30 minutes
Lake Metropolis, TN residences for sale
Lake Town, TN residences for rent

An additional nicely-recognized Knoxville suburb is Lake Town, wherever you will find the property prices are about $40K fewer than in Knoxville. With just about 2,300 people today residing in Lake Metropolis, it’s a excellent suburb to take into consideration relocating to. There are several diverse stores and dining establishments downtown, as effectively as a few museums. There are also a couple of parks, these types of as Lakeshore Park, that are excellent for a picnic or a day of climbing. 

#7: Oak Ridge

Median home price: $292,400
Driving length from Knoxville: 30 minutes
Oak Ridge, TN households for sale
Oak Ridge, TN flats for rent

Rounding out our list of cost-effective Knoxville suburbs is none other than Oak Ridge. With a inhabitants of virtually 29,000, you are going to are living in a smaller sized space, but there is no shortage of factors to do in Oak Ridge. If you’re likely to simply call this area household, system time to take a look at the American Museum of Science and Electricity. 

 

Methodology: Affordability is primarily based on no matter if a suburb is considerably less than the median sale selling price of Knoxville and beneath a 45-minute drive from downtown Knoxville. Median residence sale rate info from the Redfin Data Middle all through July 2022. Average rental information from Lease.com throughout July 2022. Populace facts sourced from the United States Census Bureau.