4

Townsend, TN Homes for Rent

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    $1,200 Per Month

    • 1 Bed
    • 1 Bath
    • 300 Sq Ft
    • Condo for Rent

    7052 E Lamar Alexander Pkwy Unit 3, Townsend, TN 37882

    Property Id: 2729516 Beautifully renovated, fully furnished studio at the Trailblazer Inn perfectly situated across from the serene Little River and just steps from charming local eateries and artisan shops in Townsend, TN. This cozy studio comes move-in ready with your choice of a queen bed or two twin beds, a large smart TV, wall heat and AC, and high-speed internet all included in

    7052 E Lamar Alexander Pkwy Unit 3, Townsend, TN 37882
  • /34

    $2,500 Per Month

    • 2 Beds
    • 2 Baths
    • 1,594 Sq Ft
    • House for Rent

    278 Laurel Rd, Townsend, TN 37882

    FULLY FURNISHED Charming Cabin Retreat in Townsend, TN - A Slice of Smoky Mountain Serenity2 bedrooms 2 baths but only 1 bedroom septic for sale purposes.Nestled in the tranquil beauty of the Great Smoky Mountains, this stunning cabin in the sought-after Laurel Valley community offers the perfect blend of modern elegance and rustic charm. Situated on the 15th green of the renowned

    Stephanie Tipton Compass Tennessee, LLC

    278 Laurel Rd, Townsend, TN 37882
  • /29

    $1,850 Per Month

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • House for Rent

    219 Cutter Gap Rd, Townsend, TN 37882

    219 Cutter Gap Road in Townsend, TN is an adorable, hand-crafted, and fully-furnished mountain cabin located in Laurel Valley. This home has 2 bedrooms, 2 full bathrooms, an additional loft space, and two exterior decks that allows you to enjoy the peacefulness of nature that this property brings. Visit to complete an online application or reach out to us to schedule a showing!* Please

    219 Cutter Gap Rd, Townsend, TN 37882
  • /33

    $1,850 Per Month

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • House for Rent

    221 Cutter Gap Rd, Townsend, TN 37882

    221 Cutter Gap Road in Townsend, TN is an adorable, hand-crafted, and fully-furnished mountain cabin located in Laurel Valley. This home has 2 bedrooms, 2 full bathrooms, an additional loft space, and two exterior decks that allows you to enjoy the peacefulness of nature that this property brings. Visit to complete an online application or reach out to us to schedule a showing!* Please

    221 Cutter Gap Rd, Townsend, TN 37882

Why Live in Townsend

Townsend, Tennessee, known as the peaceful side of the Smokies, sits at the entrance to Great Smoky Mountains National Park along the Little River. This small mountain town benefits from eco-tourism and land protection, offering residents services like a volunteer fire department without city property taxes. Eastern Tennessee State Route 321, or Lamar Alexander Parkway, runs through Townsend, serving as its main street. The town's elevation increases as you move outward from downtown, with higher elevation homes commanding higher prices. Housing options include A-Frame homes, chalet-style condos, manufactured homes in Big Valley Resort, and chinked log cabins. The community, with a population under 1,000, is known for its cohesiveness despite its rural seclusion. Local schools, including Townsend Elementary and Heritage High School, have high ratings and host community events like basketball games and holiday meals. For things to do, the Cades Cove Picnic Area offers 81 picnic sites, and the Great Smoky Mountains Heritage Center provides cultural experiences. Outdoor enthusiasts can enjoy several trailheads and the Townsend Wye for swimming. Dining options include The Riverstone and Diamondjack at Little Arrow, featuring locally-sourced ingredients. Townsend also hosts various festivals, such as the Smoky Mountain Scottish Festival & Games, Fall Festival, and Hot Air Balloon Festival.

Frequently Asked Questions

How much does it cost to rent a home in Townsend, TN?
The median rent for a home in Townsend, TN is $1,850 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Townsend, TN?
To comfortably afford the median rent in Townsend, TN, a household needs to earn roughly $74,000 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 $1,850 per month in Townsend, TN, renters typically need to show $5,550 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 Townsend, TN?
In Townsend, TN, the price-to-rent ratio is 20.0, 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 Townsend, TN are best for renting a home?
The best neighborhood for renting in Townsend, TN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Colonial Village, Grandview-Whites Village, South Knoxville, Hickory Hills and West Knoxville, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,850
Median Single Family Home Rent
$1,850
Median Condo Rent
$1,200
How to Rent a Home