Apartments for Rent in Powell, TN

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What to Know About

Life in Powell & Beyond

Powell 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

Powell, TN

As of June 2026, Powell's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Powell's average rent is 2.6% ($37) lower than the Tennessee average of $1,397 and 24.3% ($437) lower than the U.S. average of $1,797.

Average Rent
$1,360
Monthly ChangeMonth Over Month Change
Decreased2.5% ($35)
Yearly ChangeYear Over Year Change
Decreased21.4% ($371)
Avg. Days on MarketAverage Days on Market
33
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,157 Decreased0.7% ($8) Decreased0.6% ($7)
2 Beds $1,363 Decreased0.7% ($9) Decreased4.6% ($66)
3 Beds $2,185 Increased3.8% ($81) Decreased8.6% ($205)
Nearby Cities Average Rent Avg. Rent vs. PowellAverage Rent vs. Powell Avg. Days on MarketAverage Days on Market
Knoxville $1,477 Increased8.6% ($117) 35 days
Rocky Top $900 Decreased33.8% ($460) 36 days
Oak Ridge $1,292 Decreased5% ($68) 34 days
Farragut $1,773 Increased30.4% ($413) 36 days
Louisville $1,260 Decreased7.4% ($100) 39 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Powell Rental Market FAQs

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

The average rent in Powell, TN is $1,360 per month.
Apartments in Powell typically rent for between $810 and $2,841 per month, with an average of $1,360 per month.
In Powell, the average rent for a 1-bedroom apartment is $1,157 per month, for a 2-bedroom apartment, $1,363 per month, and a 3-bedroom apartment is $2,185 per month.
The average rent in Powell is 24.3% ($437) lower than the national average of $1,797 per month.
The average rent in Powell has decreased by 2.5% ($35) in the last month and decreased by 21.4% ($371) over the past year.
The rental market in Powell, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Powell, TN, the average rental stays on the market for approximately 33 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 13 rental properties available in Powell, TN.
Based on the current averages, a household would need an annual income of $54,520 to comfortably afford a 2-bedroom apartment in Powell.
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