Rentometer, Inc. | Data as of 12/04/2025
Lenoir City, nestled on the banks of the Tennessee River and adjacent to the scenic Chickamauga Lake, offers a balanced rental market that appeals to both young professionals and growing families. The city’s blend of waterfront recreation, historic downtown charm, and convenient access to I‑40 makes it a desirable location for renters seeking a blend of outdoor lifestyle and urban convenience. Neighborhoods such as River Bend and Riverfront Estates provide easy access to local parks, the popular Lake Lenoir City Park, and cultural events at the Lenoir City Community Center, while the historic downtown district offers boutique shops, cafés, and annual festivals that foster a close‑knit community feel.
Housing options in Lenoir City span from modern apartment complexes in the Riverfront area to a limited selection of single‑family homes in established residential subdivisions. Apartment rentals dominate the market, with studio units typically priced in the $1300s, one‑bedroom units falling within the $1500 range, two‑bedroom apartments averaging around $1800, and three‑bedroom layouts approaching the $2000 level. These price points reflect the city’s strong demand for comfortable, well‑maintained living spaces that provide easy proximity to both natural attractions and essential amenities such as schools, grocery stores, and healthcare facilities.
For renters drawn to outdoor pursuits, Lenoir City’s proximity to the Cherokee National Forest, Fort Loudoun Dam, and a network of hiking and biking trails adds significant lifestyle value. Meanwhile, the growing presence of local businesses and the city’s ongoing revitalization projects signal a steady, forward‑looking rental market. Whether you’re seeking a compact studio for a commuter lifestyle or a spacious three‑bedroom apartment for a family, Lenoir City’s rental inventory delivers a variety of options that align with the region’s appealing blend of leisure, convenience, and community spirit.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,316 | $1,338 | $1,254 - $1,358 | $1,254 - $1,358 |
| Apartment | 1 Bedroom | $1,529 | $1,515 | $1,379 - $1,759 | $1,458 - $1,581 |
| Apartment | 2 Bedroom | $1,786 | $1,784 | $1,639 - $1,954 | $1,739 - $1,848 |
| Apartment | 3 Bedroom | $2,040 | $2,039 | $1,993 - $2,089 | $2,009 - $2,089 |
In the current period, the average rent in Lenoir City was $1,317 for Studio, $1,529 for 1 Bedroom, $1,786 for 2 Bedroom, and $2,030 for 3 Bedroom.
Data provided by Rentometer, Inc.