Find Homes & Apartments for Rent in Lenoir City, TN

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What to Know About

Life in Lenoir City & Beyond

Lenoir City shares many of the great qualities that make Tennessee a desirable place to live.

Tennessee is known for its dazzling natural beauty, rich history, and vibrant culture. With its rolling hills, majestic mountains, and sparkling waterways, Tennessee has something for everyone from the Great Smoky Mountains National Park, the Memphis Zoo, the Country Music Hall of Fame, and the Jack Daniel's Distillery. Tennessee is also home to respected institutions such as Vanderbilt University and the University of Tennessee. In addition, Tennessee's economy is also thriving, driven by a mix of industries, including healthcare, finance, and manufacturing.

For adventure seekers, there is plenty to do in Tennessee, from fishing in the Tennessee River to hiking in the Smoky Mountains. Sports fans can cheer on the Tennessee Titans (NFL), Nashville Predators (NHL), and Memphis Grizzlies (NBA). Discover and indulge in famous attractions like the Ryman Auditorium, the Parthenon, and Graceland. The state is also known for its rich music history, including blues, country, and rock-and-roll, and there is a thriving theater and arts scene in cities like Nashville and Memphis.

Its high quality of life, strong economy, and friendly community make Tennessee a great place to call home.

Rental Market Trends

Lenoir City, TN

As of March 2025, Lenoir City's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lenoir City's average rent is 25.7% ($414) higher than the Tennessee average of $1,609 and 13.1% ($235) higher than the U.S. average of $1,788.

Average Rent
$2,023
Monthly ChangeMonth Over Month Change
Increased4.4% ($85)
Yearly ChangeYear Over Year Change
Increased33.8% ($511)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,643 Increased8.3% ($126) Increased14.3% ($206)
2 Beds $1,911 Increased8.3% ($146) Increased14.4% ($240)
3 Beds $2,243 Increased8.3% ($172) Increased14.4% ($282)
Nearby Cities Average Rent Avg. Rent vs. Lenoir CityAverage Rent vs. Lenoir City Avg. Days on MarketAverage Days on Market
Farragut $1,928 Decreased4.7% ($95) 36 days
Louisville $1,572 Decreased22.3% ($451) 39 days
Oak Ridge $1,319 Decreased34.8% ($704) 34 days
Alcoa $1,837 Decreased9.2% ($186) 43 days
Harriman $1,011 Decreased50% ($1012) 38 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lenoir City Rental Market FAQs

Explore rental prices, market trends, and availability in Lenoir City, TN.

The average rent in Lenoir City, TN is $2,023 per month.
Homes in Lenoir City typically rent for between $1,150 and $2,916 per month, with an average of $2,023 per month.
In Lenoir City, the average rent for a 1-bedroom home is $1,643 per month, for a 2-bedroom home, $1,911 per month, and a 3-bedroom home is $2,243 per month.
The average rent in Lenoir City is 13.1% ($235) higher than the national average of $1,788 per month.
The average rent in Lenoir City has increased by 4.4% ($85) in the last month and increased by 33.8% ($511) over the past year.
The rental market in Lenoir City, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lenoir City, TN, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 7 rental properties available in Lenoir City, TN.
Based on the current averages, a household would need an annual income of $76,440 to comfortably afford a 2-bedroom home in Lenoir City.
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