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Rental Market Trends in Oak Ridge, TN

What is the average rent in Oak Ridge, TN?

$1,358/month

Average Rent

656 Sq Ft

Average Apartment Size

+18.8%

Increase in the Last Year

As of October 2025, the average rent in Oak Ridge, TN is $1,358 per month. This is 17% lower than the national average rent of $1,630/month, making renting in Oak Ridge more affordable than most cities in the US. When you rent an apartment in Oak Ridge, you can expect to pay about $1,028 per month for a studio, $1,358 for a one-bedroom apartment, and around $1,333 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,097 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,028/month
417 Sq Ft
One Bedroom
$1,358/month
656 Sq Ft
Two Bedroom
$1,333/month
1,012 Sq Ft
Three Bedroom
$2,097/month
1,371 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,952/month
1,497 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Oak Ridge, TN?

In the past year, rent has increased by 18.8%, which averages out to $255 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 October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Oak Ridge, TN
Last Updated October 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Oak Ridge, TN
Percentage*
Rent Range
12% Below $700/month
18% $700 - $1,000/month
41% $1,001 - $1,500/month
18% $1,501 - $2,000/month
12% Above $2,000/month

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

Because the average rent in Oak Ridge is $1,358, you’ll want to make about $4,526 per month or $54,312 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

Oak Ridge, TN

177 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Oak Ridge, 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 Oak Ridge, TN

Apartment Averages

Nearby City Rent Trends

  • Farragut Average Rent
  • Lenoir City Average Rent
  • Clinton Average Rent
  • Powell Average Rent

Apartment communities in Oak Ridge we think you'll love

Poplar Creek

Poplar Creek

104 Lombardy Ln,
Oak Ridge, TN 37830

$2,725 - $3,000

3 Beds

The Summit Townhomes

The Summit Townhomes

100 Lisa's Way,
Oak Ridge, TN 37830

$2,067 - $3,257

3-4 Beds

Main Street Lofts | Luxury Apartments

Main Street Lofts | Luxury Apartments

300 S Tulane Ave,
Oak Ridge, TN 37830

$1,549 - $2,439

Studio - 3 Beds

Centennial Village

Centennial Village

180 Waterview Dr,
Oak Ridge, TN 37830

$1,394 - $4,380

1-3 Beds

Property Management Companies in Oak Ridge, TN

NAI Global
NAI Global
  • 22

    Communities

  • 2,090

    Units

  • 15

    Cities

2 Communities in Oak Ridge
Cushman & Wakefield
Cushman & Wakefield
  • 523

    Communities

  • 121,744

    Units

  • 264

    Cities

1 Community in Oak Ridge
RAM Partners
RAM Partners
  • 295

    Communities

  • 77,995

    Units

  • 171

    Cities

1 Community in Oak Ridge
Brookside Properties
Brookside Properties
  • 147

    Communities

  • 24,614

    Units

  • 59

    Cities

1 Community in Oak Ridge

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United States Tennessee Oak Ridge 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity