Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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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
As of June 2026, Farragut's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Farragut's average rent is 26.9% ($376) higher than the Tennessee average of $1,397 and 1.3% ($24) lower than the U.S. average of $1,797.
Average Rent
$1,773
Monthly ChangeMonth Over Month Change
2.4% ($43)
Yearly ChangeYear Over Year Change
33.3% ($886)
Avg. Days on MarketAverage Days on Market
36
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,375 | 2.9% ($41) | 7% ($103) |
| 2 Beds | $1,619 | 2.9% ($49) | 11.1% ($202) |
| 3 Beds | $2,322 | 2.9% ($70) | 13.2% ($352) |
| Nearby Cities | Average Rent | Avg. Rent vs. FarragutAverage Rent vs. Farragut | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Lenoir City | $1,991 | 12.3% ($218) | 32 days |
| Louisville | $1,260 | 28.9% ($513) | 39 days |
| Oak Ridge | $1,292 | 27.1% ($481) | 34 days |
| Alcoa | $1,464 | 17.4% ($309) | 43 days |
| Maryville | $1,609 | 9.2% ($164) | 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.
The average rent in Farragut, TN is $1,773 per month.
Houses in Farragut typically rent for between $963 and $3,019 per month, with an average of $1,773 per month.
In Farragut, the average rent for a 1-bedroom house is $1,375 per month, for a 2-bedroom house, $1,619 per month, and a 3-bedroom house is $2,322 per month.
The average rent in Farragut is 1.3% ($24) lower than the national average of $1,797 per month.
The average rent in Farragut has decreased by 2.4% ($43) in the last month and decreased by 33.3% ($886) over the past year.
The rental market in Farragut, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
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.
There are currently 7 rental properties available in Farragut, TN.
Based on the current averages, a household would need an annual income of $64,760 to comfortably afford a 2-bedroom house in Farragut.
