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Rental Market Trends in Pigeon Forge, TN

What is the average rent in Pigeon Forge, TN?

$1,271/month

Average Rent

516 Sq Ft

Average Apartment Size

-0.3%

Decrease in the Last Year

As of February 2026, the average rent in Pigeon Forge, TN is $1,271 per month. This is 22% lower than the national average rent of $1,626/month, making renting in Pigeon Forge more affordable than most cities in the US. When you rent an apartment in Pigeon Forge, you can expect to pay about $1,201 per month for a studio, $1,271 for a one-bedroom apartment, and around $1,439 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,244 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,201/month
366 Sq Ft
One Bedroom
$1,271/month
516 Sq Ft
Two Bedroom
$1,439/month
863 Sq Ft
Three Bedroom
$1,244/month
1,154 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,769/month
1,638 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 Pigeon Forge, TN?

In the past year, rent has decreased by 0.3%, which averages out to $4 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Pigeon Forge, TN
Last Updated February 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Pigeon Forge, TN
Percentage*
Rent Range
17% Below $700/month
17% $700 - $1,000/month
50% $1,001 - $1,500/month
17% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Pigeon Forge is $1,271, you’ll want to make about $4,236 per month or $50,832 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

Pigeon Forge, TN

144 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Pigeon Forge, 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 Pigeon Forge, TN

Apartment Averages

Nearby City Rent Trends

  • Sevierville Average Rent
  • Kodak Average Rent
  • Seymour Average Rent

Apartment communities in Pigeon Forge we think you'll love

The Lofts at Pigeon Forge

The Lofts at Pigeon Forge

770 Marshall Acres St,
Pigeon Forge, TN 37863

$1,200 - $1,825

1-2 Beds

Living Fully Sevierville

Living Fully Sevierville

1023 Center View Rd,
Sevierville, TN 37862

$1,199 - $2,279

Studio - 3 Beds

Rylan's Creek Apartments

Rylan's Creek Apartments

2139 New Era Rd,
Sevierville, TN 37862

$1,495 - $1,795

1-2 Beds

William Holt Townhomes

William Holt Townhomes

1408-1633 William Holt Blvd,
Sevierville, TN 37862

$1,799

2 Beds

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United States Tennessee Pigeon Forge 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 February 2026.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity