Oak Ridge, TN Rental Market Trends
Last updated: October 31, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Oak Ridge is $1,320, a 3.01% increase compared to the previous year, when the average rent was $1,282.
One-bedroom apartments provide 640 square feet for $1,146, balancing privacy and affordability.
Two-bedroom units at $1,343 offer 1,002 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,271 sq ft) for $1,879, suitable for larger households.
Average rent in Oak Ridge, TN
Last updated: October 31, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,320 | 879 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,146 | 640 sq. ft. |
| 2 Beds | $1,343 | 1,002 sq. ft. |
| 3 Beds | $1,879 | 1,271 sq. ft. |
Oak Ridge, TN rent trends
Rental prices in Oak Ridge, TN have increased by 3.01% over the past year. The average rent moved from $1,282 to $1,320.
What's the typical rent budget in Oak Ridge, TN?
The largest share of rentals in Oak Ridge, TN (39%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Oak Ridge, TN?
4,798 or 34% of the households in Oak Ridge, TN are renter-occupied while 9,217 or 66% are owner-occupied.
How Oak Ridge Compares to Other Cities
| City | Average Rent |
|---|---|
| Oak Ridge | $1,320 |
| Nashville | $1,863 |
| Memphis | $1,145 |
| Knoxville | $1,748 |
| Clarksville | $1,257 |
| Chattanooga | $1,475 |
| Murfreesboro | $1,596 |
| Antioch | $1,495 |
| Lebanon | $1,617 |
| Franklin | $2,106 |
| Johnson City | $1,454 |
| Maryville, TN | $1,504 |
| Louisville, TN | $1,189 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Oak Ridge apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.