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Rental Market Trends in Oak Ridge, TN

Updated July 2026

The average rent in Oak Ridge, TN is $1,354/month.

Rent in Oak Ridge is 19% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.

$1,354/month

Average Rent

649 Sq Ft

Average Size

+4.8%

Change / Year

165

Available Apartments

Oak Ridge rent varies by unit size and layout:

  • Studio apartments in Oak Ridge average $1,002 per month.
  • One-bedroom apartments in Oak Ridge average $1,354 per month.
  • Two-bedroom apartments in Oak Ridge average $1,376 per month.
  • Three-bedroom apartments in Oak Ridge average $2,014 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,002/month
417 Sq Ft
One Bedroom
$1,354/month
649 Sq Ft
Two Bedroom
$1,376/month
1,012 Sq Ft
Three Bedroom
$2,014/month
1,371 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,488/month
1,005 Sq Ft
Three Bedroom
$2,097/month
1,537 Sq Ft
View Oak Ridge Apartments

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

In the past year, rent has increased by 4.8%, which averages out to $66 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Oak Ridge, TN

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Oak Ridge, TN
Percentage*
Rent Range
12% Below $700/month
24% $700 - $1,000/month
35% $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 $1,354, you’ll want to make about $4,513 per month or $54,156 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

Oak Ridge, TN

165 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.

View the Oak Ridge Area Guide

Apartment Averages

Compare Rent Trends Nearby

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

  • Farragut

    Farragut

  • Kingston

    Kingston

  • Powell

    Powell

Apartment Communities in Oak Ridge We Think You'll Love

Main Street Lofts | Luxury Apartments

Main Street Lofts | Luxury Apartments

300 S Tulane Ave,
Oak Ridge, TN 37830

Studio - 3 Beds | $1,624 - $2,280

Poplar Creek

Poplar Creek

104 Lombardy Ln,
Oak Ridge, TN 37830

3 Beds | $2,295 - $3,150

The Summit Townhomes

The Summit Townhomes

100 Lisa's Way,
Oak Ridge, TN 37830

3-4 Beds | $2,006 - $3,989

The Flats at Jackson Square

The Flats at Jackson Square

82 E Tennessee Ave,
Oak Ridge, TN 37830

Studio - 2 Beds | $965 - $1,255

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Frequently Asked Questions

What is the average rent in Oak Ridge?

The average rent in Oak Ridge is $1,354 per month, which is 18.5% lower than the national average of $1,662.

What is the average rent for a house in Oak Ridge?

The average rent for a house in Oak Ridge, TN is $2,097 per month.

Are rents going up or down in Oak Ridge?

Rents in Oak Ridge, TN are increasing, with prices up 4.8% year-over-year and $66 more per month.

What rent range is most common in Oak Ridge?

In Oak Ridge, TN, 35% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 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