Tennessee is known for its dazzling natural beauty, rich history, and vibrant culture. With its rolling hills, majestic mountains, and sparkling waterways, Tennessee has something for everyone from the Great Smoky Mountains National Park, the Memphis Zoo, the Country Music Hall of Fame, and the Jack Daniel's Distillery. Tennessee is also home to respected institutions such as Vanderbilt University and the University of Tennessee. In addition, Tennessee's economy is also thriving, driven by a mix of industries, including healthcare, finance, and manufacturing.

For adventure seekers, there is plenty to do in Tennessee, from fishing in the Tennessee River to hiking in the Smoky Mountains. Sports fans can cheer on the Tennessee Titans (NFL), Nashville Predators (NHL), and Memphis Grizzlies (NBA). Discover and indulge in famous attractions like the Ryman Auditorium, the Parthenon, and Graceland. The state is also known for its rich music history, including blues, country, and rock-and-roll, and there is a thriving theater and arts scene in cities like Nashville and Memphis.

Its high quality of life, strong economy, and friendly community make Tennessee a great place to call home.

Rental Market Trends

Farragut, TN

As of August 2025, Farragut's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Farragut's average rent is 32.1% ($455) higher than the Tennessee average of $1,417 and 4.6% ($82) higher than the U.S. average of $1,790.

Average Rent

$1,872

Monthly ChangeMonth Over Month Change

0.6% ($12)

Yearly ChangeYear Over Year Change

4.6% ($82)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,432	3.4% ($50)	6.4% ($98)
2 Beds	$1,721	4.2% ($70)	3.3% ($58)
3 Beds	$2,521	2.8% ($69)	20.7% ($432)

Nearby Cities	Average Rent	Avg. Rent vs. FarragutAverage Rent vs. Farragut	Avg. Days on MarketAverage Days on Market
Lenoir City	$1,506	19.6% ($366)	32 days
Louisville	$1,389	25.8% ($483)	39 days
Oak Ridge	$1,355	27.6% ($517)	34 days
Alcoa	$1,508	19.4% ($364)	43 days
Maryville	$1,523	18.6% ($349)	38 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Farragut Rental Market FAQs

Explore rental prices, market trends, and availability in Farragut, TN.

What is the average rent in Farragut, TN?

The average rent in Farragut, TN is $1,872 per month.

What is the rental price range for homes in Farragut, TN?

Homes in Farragut typically rent for between $1,002 and $3,277 per month, with an average of $1,872 per month.

What is the average rent for different bedroom sizes in Farragut, TN?

In Farragut, the average rent for a 1-bedroom home is $1,432 per month, for a 2-bedroom home, $1,721 per month, and a 3-bedroom home is $2,521 per month.

How do rent prices in Farragut, TN compare with the national average?

The average rent in Farragut is 4.6% ($82) higher than the national average of $1,790 per month.

How have rent prices in Farragut, TN changed recently?

The average rent in Farragut has increased by 0.6% ($12) in the last month and increased by 4.6% ($82) over the past year.

How competitive is the rental market in Farragut, TN?

The rental market in Farragut, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Farragut, TN?

In Farragut, TN, the average rental stays on the market for approximately 36 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Farragut, TN?

There are currently 7 rental properties available in Farragut, TN.

Can I afford to rent a home in Farragut, TN?

Based on the current averages, a household would need an annual income of $68,840 to comfortably afford a 2-bedroom home in Farragut.