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Rental Market Trends in Farragut, TN

Updated July 2026

The average rent in Farragut, TN is $1,783/month.

Rent in Farragut is roughly equal to the national average rent of of $1,663/month.

$1,783/month

Average Rent

788 Sq Ft

Average Size

-1%

Change / Year

1,385

Available Apartments

Farragut rent varies by unit size and layout:

  • Studio apartments in Farragut average per month.
  • One-bedroom apartments in Farragut average $1,783 per month.
  • Two-bedroom apartments in Farragut average $1,908 per month.
  • Three-bedroom apartments in Farragut average $2,106 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,783/month
788 Sq Ft
Two Bedroom
$1,908/month
1,080 Sq Ft
Three Bedroom
$2,106/month
1,321 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,517/month
1,885 Sq Ft
Four Bedroom
$2,957/month
2,380 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,679/month
1,249 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,119/month
1,349 Sq Ft
View Farragut Apartments

How much has average rent changed in Farragut, TN?

In the past year, rent has decreased by 1%, which averages out to $18 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Farragut, TN

July 2026
$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
0% $1,001 - $1,500/month
75% $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 $1,783, you’ll want to make about $5,943 per month or $71,316 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

1,385 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.

View the Farragut Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Louisville

    Louisville

  • Maryville

    Maryville

Apartment Communities in Farragut We Think You'll Love

Anchor 934

Anchor 934

200 Brooklawn St,
Farragut, TN 37934

1-3 Beds | $1,749 - $3,799

Fox Lake Apartment Homes

Fox Lake Apartment Homes

505 Fox Crossing Blvd,
Knoxville, TN 37923

2-3 Beds | $1,575 - $2,050

The Rowan

The Rowan

410 Walker Springs Rd,
Knoxville, TN 37923

1-3 Beds | $1,751 - $1,851

The Station at Lenoir City

The Station at Lenoir City

102 Whistle Stop Cir,
Lenoir City, TN 37772

1-3 Beds | $1,788 - $2,589

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Frequently Asked Questions

What is the average rent in Farragut?

The average rent in Farragut is $1,783 per month, which is 7.2% higher than the national average of $1,663.

What is the average rent for a house in Farragut?

The average rent for a house in Farragut, TN is $2,517 per month.

What is the average rent for a townhome in Farragut?

The average rent for a townhome in Farragut, TN is $2,119 per month.

Are rents going up or down in Farragut?

Rents in Farragut, TN are decreasing, with prices down 1.0% year-over-year and $18 less per month.

What rent range is most common in Farragut?

In Farragut, TN, 75% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity