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Rental Market Trends in Pigeon Forge, TN

Updated July 2026

The average rent in Pigeon Forge, TN is $1,271/month.

Rent in Pigeon Forge is 24% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,271/month

Average Rent

516 Sq Ft

Average Size

-1.6%

Change / Year

119

Available Apartments

Pigeon Forge rent varies by unit size and layout:

  • Studio apartments in Pigeon Forge average $1,206 per month.
  • One-bedroom apartments in Pigeon Forge average $1,271 per month.
  • Two-bedroom apartments in Pigeon Forge average $1,440 per month.
  • Three-bedroom apartments in Pigeon Forge average $1,249 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,206/month
366 Sq Ft
One Bedroom
$1,271/month
516 Sq Ft
Two Bedroom
$1,440/month
863 Sq Ft
Three Bedroom
$1,249/month
1,154 Sq Ft
View Pigeon Forge Apartments

How much has average rent changed in Pigeon Forge, TN?

In the past year, rent has decreased by 1.6%, which averages out to $20 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Pigeon Forge, TN

July 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

119 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.

View the Pigeon Forge Area Guide

Apartment Averages

Compare Rent Trends Nearby

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

  • Strawberry Plains

    Strawberry Plains

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

1-2 Beds | $1,200 - $1,800

Living Fully Sevierville

Living Fully Sevierville

1023 Center View Rd,
Sevierville, TN 37862

Studio - 3 Beds | $1,199 - $2,249

Rylan's Creek Apartments

Rylan's Creek Apartments

2139 New Era Rd,
Sevierville, TN 37862

1-2 Beds | $1,495 - $1,795

William Holt Townhomes

William Holt Townhomes

1408-1633 William Holt Blvd,
Sevierville, TN 37862

2 Beds | $1,799 - $2,000

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Frequently Asked Questions

What is the average rent in Pigeon Forge?

The average rent in Pigeon Forge is $1,271 per month, which is 23.6% lower than the national average of $1,663.

Are rents going up or down in Pigeon Forge?

Rents in Pigeon Forge, TN are decreasing, with prices down 1.6% year-over-year and $20 less per month.

What rent range is most common in Pigeon Forge?

In Pigeon Forge, TN, 50% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity