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Viewing 1-4 of 4 rentals in Oak Ridge
What to Know About
Life in Oak Ridge & Beyond
Oak Ridge 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
Oak Ridge, TN
As of August 2025, Oak Ridge's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Oak Ridge's average rent is 4.4% ($62) lower than the Tennessee average of $1,417 and 24.3% ($435) lower than the U.S. average of $1,790.
Average Rent
$1,355
Monthly ChangeMonth Over Month Change
0.8% ($11)
Yearly ChangeYear Over Year Change
6.3% ($80)
Avg. Days on MarketAverage Days on Market
34
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,288 | 2.2% ($28) | 18.4% ($200) |
| 2 Beds | $1,467 | 2.5% ($36) | 16% ($202) |
| 3 Beds | $2,149 | 1.1% ($24) | 44.7% ($664) |
| Nearby Cities | Average Rent | Avg. Rent vs. Oak RidgeAverage Rent vs. Oak Ridge | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Farragut | $1,872 | 38.2% ($517) | 36 days |
| Lenoir City | $1,506 | 11.1% ($151) | 32 days |
| Harriman | $1,238 | 8.6% ($117) | 38 days |
| Powell | $1,611 | 18.9% ($256) | 33 days |
| Louisville | $1,389 | 2.5% ($34) | 39 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Oak Ridge Rental Market FAQs
Explore rental prices, market trends, and availability in Oak Ridge, TN.
The average rent in Oak Ridge, TN is $1,355 per month.
Apartments in Oak Ridge typically rent for between $902 and $2,794 per month, with an average of $1,355 per month.
In Oak Ridge, the average rent for a 1-bedroom apartment is $1,288 per month, for a 2-bedroom apartment, $1,467 per month, and a 3-bedroom apartment is $2,149 per month.
The average rent in Oak Ridge is 24.3% ($435) lower than the national average of $1,790 per month.
The average rent in Oak Ridge has increased by 0.8% ($11) in the last month and increased by 6.3% ($80) over the past year.
The rental market in Oak Ridge, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Oak Ridge, TN, the average rental stays on the market for approximately 34 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 19 rental properties available in Oak Ridge, TN.
Based on the current averages, a household would need an annual income of $58,680 to comfortably afford a 2-bedroom apartment in Oak Ridge.
