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Don't Sign the Lease Until You Understand These Clauses
One word in your lease can cost you hundreds or save you from a nightmare. Here's how to turn legalese into clear decisions before you sign.
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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 August 2025, Powell's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Powell's average rent is 13.7% ($194) higher than the Tennessee average of $1,417 and 10.0% ($179) lower than the U.S. average of $1,790.
Average Rent
$1,611
Monthly ChangeMonth Over Month Change
1.4% ($23)
Yearly ChangeYear Over Year Change
20.7% ($421)
Avg. Days on MarketAverage Days on Market
33
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,238 | 4.6% ($60) | 9% ($123) |
| 2 Beds | $1,488 | 2.9% ($42) | 6% ($95) |
| 3 Beds | $2,180 | 1.5% ($33) | 3.5% ($78) |
| Nearby Cities | Average Rent | Avg. Rent vs. PowellAverage Rent vs. Powell | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Knoxville | $1,591 | 1.2% ($20) | 35 days |
| Oak Ridge | $1,355 | 15.9% ($256) | 34 days |
| Farragut | $1,872 | 16.2% ($261) | 36 days |
| Louisville | $1,389 | 13.8% ($222) | 39 days |
| Maynardville | $1,108 | 31.2% ($503) | 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 $1,611 per month.
Houses in Powell typically rent for between $867 and $2,834 per month, with an average of $1,611 per month.
In Powell, the average rent for a 1-bedroom house is $1,238 per month, for a 2-bedroom house, $1,488 per month, and a 3-bedroom house is $2,180 per month.
The average rent in Powell is 10% ($179) lower than the national average of $1,790 per month.
The average rent in Powell has increased by 1.4% ($23) in the last month and decreased by 20.7% ($421) 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 5 rental properties available in Powell, TN.
Based on the current averages, a household would need an annual income of $59,520 to comfortably afford a 2-bedroom house in Powell.
