$1,745 Per Month
- 3 Beds
- 1.5 Baths
- 1,548 Sq Ft
- House for Rent
313 W Outer Dr, Oak Ridge, TN 37830
313 W Outer Dr, Oak Ridge, TN 37830
Frequently Asked Questions
How much does it cost to rent a single-family home in Oak Ridge, TN?
The median rent for a single-family home in Oak Ridge, TN is $1,800 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Oak Ridge, TN?
To comfortably afford the median rent in Oak Ridge, TN, a household needs to earn roughly $63,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,595 per month in Oak Ridge, TN, renters typically need to show $4,785 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Oak Ridge, TN?
In Oak Ridge, TN, the price-to-rent ratio is 19.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Oak Ridge, TN are best for renting a single-family home?
The best neighborhood for renting in Oak Ridge, TN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Hardin Valley, West Knoxville, Concord, Hickory Hills and Blue Grass, each with its own character and price range.
