2

Townsend, TN Homes for Rent

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  • /34

    $3,600 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 Serenity 2 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 Wild Laurel

    Stephanie Tipton Compass Tennessee, LLC

    278 Laurel Rd, Townsend, TN 37882
  • /34

    $1,990

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,057 Sq Ft
    • Condo for Rent

    338 Shooting Star Loop Unit 105, Townsend, TN 37882

    Wonderful Gated community. Close to everything, hiking, biking, grocery shopping, meals etc. lots of amenities. Beautiful place to call home.

    (865) 409-0199

    338 Shooting Star Loop Unit 105, 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 $2,850 per month, though prices vary by neighborhood, size, and property type. As of June 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 $114,000 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 $2,850 per month in Townsend, TN, renters typically need to show $8,550 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 11.0, 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 Grandview-Whites Village, Hickory Hills, South Knoxville, Fort Sanders and Marble City, each with its own character and price range.

Rental Trends in Townsend, TN

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,850
Median Single Family Home Rent
$3,600
Median Condo Rent
$2,100
How to Rent a Home