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Rental Market Trends in Powell, TN

What is the average rent in Powell, TN?

$1,670/month

Average Rent

777 Sq Ft

Average Apartment Size

+13.2%

Increase in the Last Year

As of December 2025, the average rent in Powell, TN is $1,670 per month. For comparison, the national average rent price in the US is currently $1,632/month, which means Powell rent prices are 2% higher than the national average. When you rent an apartment in Powell, you can expect to pay about per month for a studio, $1,670 for a one-bedroom apartment, and around $1,608 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,796 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,670/month
777 Sq Ft
Two Bedroom
$1,608/month
1,048 Sq Ft
Three Bedroom
$1,796/month
1,412 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,276/month
2,497 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 Powell, TN?

In the past year, rent has increased by 13.2%, which averages out to $221 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 December 2025
Legend
2024 2025
Market Trends Over Time

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

Because the average rent in Powell is $1,670, you’ll want to make about $5,566 per month or $66,792 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

Powell, TN

145 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Powell, 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 Powell, TN

Apartment Averages

Nearby City Rent Trends

  • Clinton Average Rent
  • Knoxville Average Rent
  • Oak Ridge Average Rent

Apartment communities in Powell we think you'll love

Sunrise Ridge

Sunrise Ridge

2401 Sunrise Ridge Way,
Knoxville, TN 37921

$1,500 - $1,755

1-2 Beds

Evergreen at the Bluffs

Evergreen at the Bluffs

501 Tiger Way,
Knoxville, TN 37918

$1,299 - $2,035

1-3 Beds

Legacy Pointe

Legacy Pointe

2901 Legacy Pointe,
Knoxville, TN 37921

$1,310 - $1,825

1-3 Beds

Callahan Flats

Callahan Flats

1511 Callahan Dr,
Knoxville, TN 37912

$1,600

2 Beds

Learn More with Helpful Articles

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United States Tennessee Powell 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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity