When looking for a place to live in Knoxville, there are a bunch of different options for you to choose from, including off-campus student housing and campus living.
Comparing and contrasting the prices, locations and amenities/features will help you select which option is the right one for you.
The list below is a comparison of University Park to other student apartments, rentable houses in Knoxville and dorms/apartments available through The University of Tennessee (UTK). All pricing is accurate as of the time this blog is posted.
Communal Dorm – Average for Double/Shared Room – $899
Suite-Style Dorm – Average for Double Room/Shared Bathroom – $970
Apartment-Style Dorm – Average for Four Bedrooms, Two Bathroom – $1,151
There are a lot of different options for campus living. While most dorms come furnished, each option varies on whether it has a kitchen and a common area.
At the University of Tennessee, the university provides cable and WIFI, and utility costs are included in the price.
The communal dorms are a single bedroom with access to a large bathroom shared by everyone on a floor. Suite-style dorms are either a shared single room with a bathroom attached or two rooms with two people each and a shared bathroom for all four people.
Living on campus would also mean that the resident would have to buy a parking pass for a noncommuter, which is close to $300 for a full year.
Houses for Rent
Average for Two Bedroom, One Bathroom – $900
Average for Four Bedroom, Two Bathroom – $1,650
When searching for a conventional apartment or house, the features and amenities will be different for each house.
Some have in-unit washers and dryers, but most have hook-ups for a washer and dryer. Most options are not furnished, so renters would need to bring their own furniture sets as well. Renting a house would also mean losing access to property features of apartment complexes, like a large pool, hammock gardens and a sand volleyball court.
With this option, utilities and WIFI are the responsibility of the renter, so that would add extra bills for the cost of setting up an internet connection, and getting the electricity turned on.
There’s also no roommate matching or individual lease liability for houses, so renters would be entering a lease with someone they already know or found. You would also be responsible for the full rent amount if a roommate was unable to pay their rent.
Main Market Competitor
Two-Bedroom, Two Bathroom – $639, $669 per bedroom
Four-Bedroom – $480 per bedroom
The complex is about two and a half miles away from UTK and downtown, so a little farther than University Park.
The features of the apartment unit are all the same, in terms of what is included and the type of flooring, except that the kitchen doesn’t have a garbage disposal. They include water in the sum of their market rent price and there is an option to add on $30 for electric, with additional billing if the electric usage exceeds $30.
Their clubhouse also features a computer lounge, a fitness center, a tanning bed, a hangout area, a volleyball court, and a pool.
They have a basketball court and sundeck, whereas University Park has hammock gardens, a fire pit, and two dog parks.
There is free parking on-site and a shuttle that will take UTK students to campus.
Two-Bedroom, One Bathroom – $640 per bedroom
Four-Bedroom, Two Bathroom- $480 per bedroom
University Park is less than two miles away from UTK and downtown. Each bedroom in the apartment unit is rented to a single person, and each roommate is individually responsible for their share of rent and utilities.
Every apartment at University Park is equipped with:
- all the kitchen appliances
- a washer and dryer
- a full-furniture set in the common area and bedrooms
- WIFI and cable
- Carpeted bedrooms
- Wood flooring in the common area and bathrooms
The vanity area has two sinks with separate cabinet space. Each bedroom door comes with its own lock and key. The complex also offers roommate matching.
The office and clubhouse are located in the center of the property. In the clubhouse, residents have access to:
- a computer lounge with free printing open 24/7
- two workout rooms
- a Starbucks coffee machine
- a tanning bed
- a pool table
- study nooks, other seating, and a large flat screen smart tv
Residents have access to a large, resort-style pool and the furniture within the pool gates. Beside the pool, there is a full-sized sand volleyball court, and residents have access to a volleyball kept in the office. Two large charcoal grills are also in the area with two picnic tables.
There are also two hammock gardens, one on each side of the property. One of the gardens also has a large fire pit encircled by two concrete benches.
The most recent addition to the property is two dog parks. One is for dogs 50 lbs. and over and one for 50 lbs. and under. They both feature obstacles for the dogs and seating for their owners.
Residents have free access to a trash compactor and parking. UTK students can also ride the KAT bus from University Park to campus.
Why is University Park the right choice?
University Park is very close to the college and downtown and provides a shuttle to take students to campus, but residents don’t have to pay the cost of living on campus.
The property features a lot of activities residents can spend their free time doing that houses don’t offer, and each apartment comes furnished with utilities already set-up. You can also read our blog post on The Top 10 Reasons to Live at University Park.
University Park runs very closely with its market competitor but overall offers more to its residents.
Visit our website or call (865) 409-2955 to schedule a tour or contact us about our specials and learn more about how University Park is the right choice for you!
By: Ashley Depew, Leasing Consultant