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Apartments for Rent in Farragut, TN

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What to Know About

Life in Farragut & Beyond

Farragut shares many of the great qualities that make Tennessee a desirable place to live.

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

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As of October 2026, Farragut's rental market is competitive, with rentals spending about 29 days on the market, faster than in Tennessee (38), and rents about flat over the past year. Farragut's average rent is 50.7% ($804) higher than the Tennessee average of $1,587 and 14.8% ($309) higher than the U.S. average of $2,082.

Average Rent
$2,391
Monthly ChangeMonth Over Month Change
Increased0.02%
Yearly ChangeYear Over Year Change
Increased0.3% ($6)
Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,518 Decreased0.31% ($5) Decreased4.0% ($64)
2 Beds $2,060 Increased0.10% ($2) Decreased2.8% ($58)
3 Beds $2,651 Increased0.01% Decreased1.4% ($37)
Nearby Cities Average Rent Avg. Rent vs. FarragutAverage Rent vs. Farragut Days on Market
Lenoir City $1,792 Decreased25.1% ($599) 27 days
Louisville $1,543 Decreased35.5% ($848) 27 days
Oak Ridge $1,628 Decreased31.9% ($763) 29 days
Alcoa $1,660 Decreased30.6% ($731) 28 days
Greenback $1,940 Decreased18.9% ($451) 31 days
Based on rentals advertised on RentalSource in and around Farragut.
Frequently Asked Questions
Farragut Rental Market FAQs

Explore rental prices, market conditions, and affordability in Farragut, TN.

The average rent in Farragut, TN is about $2,391 per month.
In Farragut, the average rent is about $1,518 per month for a 1-bedroom apartment, about $2,060 for a 2-bedroom apartment and about $2,651 for a 3-bedroom apartment.
The average rent in Farragut is 14.8% ($309) higher than the national average of $2,082 per month.
The rental market in Farragut, TN is currently competitive, with rentals spending about 29 days on the market, faster than in Tennessee (38), and rents about flat over the past year.
Based on the current averages, a household would need an annual income of about $82,400 to comfortably afford a 2-bedroom apartment in Farragut.
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