Rentometer, Inc. | Data as of 10/23/2025
Farragut, Tennessee, blends smallâcity charm with convenient access to the larger Knoxville metropolitan area, making it a soughtâafter destination for renters looking for a balanced lifestyle. Nestled along the Tennessee River, the community enjoys easy access to outdoor amenities such as the scenic River Landing Park and the comprehensive network of greenways that wind through the area. A vibrant downtown hub features boutique shopping, local eateries, and cultural attractions like the historic Farragut Theatre, while nearby institutions such as the University of Tennessee add a lively academic vibe. These qualities create a dynamic environment that attracts both young professionals and families seeking a welcoming, wellâconnected place to call home.
The rental market in Farragut offers a diverse mix of apartments and singleâfamily homes, providing options for a range of household sizes. Oneâbedroom apartments typically rent in the $1800 range, while twoâbedroom units move toward the $2000 range, and larger threeâbedroom apartments hover near the $2100 mark. For those preferring a house, threeâbedroom homes are commonly found in the $2300 range, and spacious fourâplusâbedroom properties often command rents around the $3000 threshold. Neighborhoods such as West Farragut and Farragut Village showcase wellâmaintained streets, community parks, and proximity to topârated schools, reinforcing the areaâs reputation as familyâfriendly.
Beyond the walls of any individual unit, Farragutâs strategic location offers a short commute to major employment centers via Iâ40 and USâ441, while the surrounding Appalachian foothills provide ample opportunities for hiking, biking, and weekend getaways. This combination of affordable, quality housing, strong community amenities, and easy transportation links makes Farragut a compelling choice for renters seeking both comfort and convenience in Tennessee.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,790 | $1,734 | $1,575 - $2,119 | $1,629 - $2,119 |
| Apartment | 2 Bedroom | $1,963 | $2,099 | $1,050 - $2,440 | $1,900 - $2,209 |
| Apartment | 3 Bedroom | $2,097 | $2,150 | $1,290 - $2,809 | $2,050 - $2,190 |
| House | 3 Bedroom | $2,343 | $2,500 | $1,995 - $2,535 | $1,995 - $2,535 |
| House | 4+ Bedroom | $2,970 | $2,975 | $2,100 - $3,950 | $2,500 - $3,500 |
In the current period, the average rent in Farragut was $1,791 for 1 Bedroom, $1,905 for 2 Bedroom, $2,190 for 3 Bedroom, and $2,749 for 4+ Bedroom.
Data provided by Rentometer, Inc.