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City · 13,739 residents · Knox County, Tennessee

Powell , Tennessee

In Powell, a typical home is worth $299,400 and typical rent is $1,276 a month. Compared with all of Knox County, typical household income is 11% higher, the typical home value is 7% lower, and the share of households that own their home is 14 points higher.

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  • Typical home value

    $299,400

    7% below the county

    4% above Tennessee

    • Powell
    • Knox
    • Tennessee

  • Typical rent

    $1,276a month

    About the same as the county

    7% above Tennessee

    • Powell
    • Knox
    • Tennessee

  • Typical household income

    $82,434a year

    11% above the county

    18% above Tennessee

    • Powell
    • Knox
    • Tennessee

  • Households that own their home

    79%

    14 points above the county

    12 points above Tennessee

    • Powell
    • Knox
    • Tennessee

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$360,480
2.4% more than 12 months ago
Typical rent
$2,219 a month

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Powell is in Knox County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Knox County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Powell apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Clinton, the typical home value is $225,000: 25% less than in Powell ($299,400).

  2. Nearby, in Clinton, the typical rent is $962: 25% less than in Powell ($1,276).

  3. 79% of households in Powell own their home, against 65% in Knox County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Powell

What homes there are in Powell, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is the most common home in Powell: 66% of homes, near the figure in Knox County (66%).

In Powell there are many mobile homes: 10% of homes; in Knox County, 4%.

Year built

Here half of the homes date from 1992 or later; in Knox County, from 1985 or later.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,521 a month

Knox County: $1,589 a month

Without a mortgage

$421 a month

Knox County: $483 a month

Owners with a mortgage

64%

Knox County: 61%

In Powell, 64% of owners have a mortgage; their typical cost is $1,521 a month, about the same as in Knox County.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Powell does not have the same boundaries as in 2015–2019: that is why there is no change to compare. For reference, in Knox County the typical home value rose 75%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasurePowellKnox CountyTennesseeUnited States
Rental vacancy Unreliable estimate5.5%6.1%5.5%
Homeowner vacancy Unreliable estimate1.0%0.9%0.9%
More than one person per room Unreliable estimate1.4%2.2%3.4%
People per household 2.692.392.452.53
Drive alone 77%76%76%69%
Carpool 9%7%8%9%
Public transit Unreliable estimate1%0%3%
Walk or bike Unreliable estimate2%1%3%
Work from home 12%14%13%15%
Other means Unreliable estimate1%1%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

More people live in each home here: 2.69 on average, against 2.39 in Knox County.

The car rules in Powell: 77% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Powell?

A typical home is tight for the typical income

We start with a typical home in Powell, worth $299,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 34% of the typical household income in Powell, which is $82,434 a year. For that payment to be 28% of income, a household would need to earn about $100,114 a year.

The calculator's FHA and conventional loan limits are those of all of Knox County.

Your numbers

Local data
$

Starts at the typical home value in Powell. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $10,479 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,336

at 7.18% · 30 years

Loan amount
$293,977
Total interest
$422,964
Paid off in
November 2056

Includes $5,056 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,923 a month

  • Tight

    $1,923 to $2,473 a month

    Your payment · 34%

  • Hard

    more than $2,473 a month

Compared with the typical household income in Powell ($82,434 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,336
Principal & interest$1,992
Property tax$87
Home insurance$125
FHA mortgage insurance (MIP)$132

You need at least $10,479 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Powell and Knox County

Powell is in Knox County, Tennessee. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Powell's own numbers

Typical home value
$299,400
Typical monthly rent
$1,276
Typical yearly household income
$82,434
Households that own their home
79%
Effective property tax rate
0.35%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Knox County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,475
Price change over 5 years (FHFA)
+77%
Homes in a high flood-risk zone
0.5%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Knox County.

Everything about Knox County

Buying

Buying a home in Powell

A typical home in Powell is worth $299,400: 7% below the county and 4% above Tennessee. With the typical household income in Powell ($82,434 a year), a typical home costs 3.6 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Powell 3.6 years
  • Knox 4.3 years
  • Tennessee 4.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Knox County

According to FHFA’s house price index, home prices in Knox County rose 133% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Knox County.

Period County Tennessee U.S.
Last year (2025) +3.0% +2.4% +2.9%
5 years (2020–2025) +77% +60% +47%
10 years (2015–2025) +133% +114% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Powell next to Knox County, Tennessee and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Powell $299,400
  • Knox $320,900
  • Tennessee $286,700
  • United States $332,700
Typical monthly rent
  • Powell $1,276
  • Knox $1,261
  • Tennessee $1,189
  • United States $1,413
Typical yearly household income
  • Powell $82,434
  • Knox $74,222
  • Tennessee $69,595
  • United States $80,734
See the full table
Powell next to Knox County and Tennessee
Measure Powell Knox County Tennessee U.S.
Typical home value $299,400 $320,900 $286,700 $332,700
Typical monthly rent $1,276 $1,261 $1,189 $1,413
Typical yearly household income $82,434 $74,222 $69,595 $80,734
Households that own their home 79% 65% 67% 65%
Typical yearly property tax $1,041 $1,367 $1,442 $3,119
Effective property tax rate 0.35% 0.43% 0.5% 0.94%
Renters with high rent for their income 51% 50% 49% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Knox County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Powell

For a typical $299,400 home in Powell, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Powell's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,336a month

    Least cash to close
    Down payment
    $10,479
    Cash to close
    $19,461
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $132

  • Conventional, 5% down $2,281a month

    Down payment
    $14,970
    Cash to close
    $23,952
    Rate
    7.18%
    Mortgage insurance
    PMI · $142

  • Conventional, 20% down, no PMI $1,835a month

    Down payment
    $59,880
    Cash to close
    $68,862
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,111a month

    Down payment
    $44,910
    Cash to close
    $53,892
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Powell and for Knox County.

Property tax

Effective rate in Powell

0.35%of the home’s value each year

$1,041 a year for the typical owner in Powell.

  • Powell 0.35%
  • Knox 0.43%
  • Tennessee 0.5%

What Tennessee publishes Property tax relief for older, disabled and disabled-veteran homeowners (Tennessee Comptroller of the Treasury, 2026 Property Tax Relief Program brochure)

Exemptions and deadlines in Tennessee

Flood risk in Knox County

FEMA does not publish these numbers by city: they are for all of Knox County.

Homes in the high-risk zone
0.5%
900
Of those, with NFIP insurance
41%
County Tennessee U.S.
Homes in the high-risk zone 0.5% 1.6% 3.5%
Of those, with NFIP insurance 41% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Powell

Typical rent in Powell is $1,276 a month: about the same as the county. In Powell, 51% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Knox County, by unit size. To pay the 2-bedroom one ($1,475 a month) without spending more than 30% of your income, you would need to earn $28.37 an hour working full time.

HUD fair market rent for all of Knox County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,171 $22.52 $46,840
1 bedroom $1,178 $22.65 $47,120
2 bedrooms $1,475 $28.37 $59,000
3 bedrooms $1,844 $35.46 $73,760
4 bedrooms $2,122 $40.81 $84,880

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Powell

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Powell is in ZIP code 37849.

For 2 bedrooms it is $1,370: $105 less than the fair market rent for Knox County ($1,475).

  • 37849 $1,370$1,710

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Powell when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Powell

HUD lists 4 buildings with rents for lower incomes in Powell. These are the largest.

  • Candleridge Plaza 3405 Harrow Gate Ln, Powell 37849 101 homes, 100 low-income · For older adults (865) 938-3394
  • Kensington Addition Apts II 427 Tammy Dr, Powell 37849 60 low-income homes · 1 bd: 40 · 2 bd: 20 · In service since 2009
  • Kensington Assoc Apts II 427 Tammy Dr, Powell 37849 59 low-income homes · In service since 2008
  • Evergreen Villas 7620 Old Clinton Pike, Powell 37849 51 homes, 50 low-income · For older adults (865) 938-0606

See all 100 buildings in Knox County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Powell

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 3 HUD-approved agencies with an office in Knox County; 1 says it serves in Spanish.

A grandmother smiles, seated at home.

HUD counseling is free or low-cost

Assistance programs in Powell

No down payment, repair or rent-help program on our list is for Powell or Knox County. The ones below are statewide in Tennessee: they work in Powell the same as in the rest of the state.

Which programs do I qualify for? All programs in Tennessee

  • Great Choice Plus

    Statewide in Tennessee

    Tennessee state agency help with the down payment and closing costs alongside the Great Choice mortgage: $6,000 or $10,000 forgivable over 10 years with no payments, or up to 5% of the price (maximum $15,000) as a 30-year second mortgage. Offered by Tennessee Housing Development Agency (THDA).

    ForgivableRepayable

    See the program Official page

Housing counselors near Powell

The HUD-approved agencies closest to the center of Powell, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • University of Tennessee Extension Office

    2621 Morgan Cir, Knoxville · 8 miles away

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 2 more
    (865) 974-7349

  • Knoxville Area Urban League

    1514 E 5th Ave, Knoxville · 8 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (865) 524-5511

  • KNOX HOUSING PARTNERSHIP, INCORPORATED dba HOMESOURCE EAST TENNESSEE

    109 Winona St, Knoxville · 8 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (865) 637-1679

Every agency in Knox County All counseling agencies in Tennessee

Help in Spanish near Powell

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Powell

In HUD’s record, no housing authority with an office in Knox County is named for Powell or Knox County.

2 other authorities have an office in Knox County: see the list Source: HUD

Cities

Other cities in Knox County

These cities are also in Knox County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Knox County Housing in Tennessee

Nearby cities

The cities closest to Powell, with the typical home value.

Neighboring counties

If Knox County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Powell.

All guides
A mother holding her baby watches her daughter blow bubbles outdoors.

Questions

Housing questions about Powell

Short answers with the numbers for Powell and all of Knox County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Powell?

The typical home value in Powell is $299,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Knox County it is $320,900.

How much does it cost to rent in Powell?

Typical rent in Powell is $1,276 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Knox County is $1,475.

What is the FHA loan limit in Powell?

Powell uses the FHA limit for all of Knox County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Powell?

The typical homeowner in Powell pays $1,041 a year, according to the U.S. Census Bureau. That is 0.35% of the home’s value; in Knox County, the rate is 0.43%.

Where can I find free help to buy or rent in Powell?

There are 3 HUD-approved counseling agencies with an office in Knox County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).