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Rental Market Trends in Farragut, TN

What is the average rent in Farragut, TN?

$1,804/month

Average Rent

788 Sq Ft

Average Apartment Size

+2.9%

Increase in the Last Year

As of June 2025, the average rent in Farragut, TN is $1,804 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Farragut rent prices are 11% higher than the national average. When you rent an apartment in Farragut, you can expect to pay about per month for a studio, $1,804 for a one-bedroom apartment, and around $1,878 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,941 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,804/month
788 Sq Ft
Two Bedroom
$1,878/month
1,080 Sq Ft
Three Bedroom
$1,941/month
1,321 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,537/month
818 Sq Ft
Three Bedroom
$2,418/month
1,778 Sq Ft
Four Bedroom
$2,830/month
2,292 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,573/month
1,203 Sq Ft
Three Bedroom
$2,120/month
1,781 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,685/month
1,217 Sq Ft
Three Bedroom
$2,289/month
1,621 Sq Ft

How much has average rent changed in Farragut, TN?

In the past year, rent has increased by 2.9%, which averages out to $53 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Farragut, TN
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Farragut, TN
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
25% $1,001 - $1,500/month
50% $1,501 - $2,000/month
25% Above $2,000/month

What salary do I need to live comfortably in Farragut, TN?

Because the average rent in Farragut is $1,804, you’ll want to make about $6,013 per month or $72,156 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Farragut, TN

1,205 Available Apartments for Rent

Search for Nearby Apartments

How does Farragut, TN compare to other nearby cities and neighborhoods?

Use the tool below to compare Farragut, TN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Farragut, TN

Apartment Averages

Nearby City Rent Trends

  • Lenoir City Average Rent
  • Louisville Average Rent
  • Oak Ridge Average Rent
  • Maryville Average Rent
  • Knoxville Average Rent

Apartment communities in Farragut we think you'll love

Anchor 934

Anchor 934

200 Brooklawn St,
Farragut, TN 37934

1-3 Beds | $1,619 - $3,279

Farragut Junction Apartments

Farragut Junction Apartments

13120 Royal Palm Way,
Farragut, TN 37934

1-3 Beds | $1,575 - $2,365

Fox Lake Apartment Homes

Fox Lake Apartment Homes

505 Fox Crossing Blvd,
Knoxville, TN 37923

2-3 Beds | $1,530 - $1,925

Village at Westland Cove Apartments

Village at Westland Cove Apartments

9635 Westland Cove Way,
Knoxville, TN 37922

1-3 Beds | $1,694 - $2,629

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United States Tennessee Farragut Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity