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The average rent in Lakesite, TN is $1,526.

In Lakesite 16% of the housing is rented out compared to 84% of homes are owned, according to the most recent Census Bureau estimates. none of Lakesite's apartments are found in large buildings of 50 units or more, 46% are located in smaller apartment complexes with less than 50 units, and 31% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Lakesite are about 23 years old, on average. Of these, 54% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 95% of the rental communities here are low-rise, garden-style communities, 5% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Lakesite are around 0% of rentals, while 1-bedroom floor plans represent 31% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 55% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.