Farragut, TN Rental Market Trends
Last updated: February 21, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Farragut is $1,710, a 2.28% decrease compared to the previous year, when the average rent was $1,750.
One-bedroom apartments provide 794 square feet for $1,552, balancing privacy and affordability.
Two-beedroom units at $1,722 offer 1,067 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,293 sq ft) for $1,961, suitable for larger households.
Average rent in Farragut, TN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,710 | 1,022 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,552 | 794 sq. ft. |
| 2 Beds | $1,722 | 1,067 sq. ft. |
| 3 Beds | $1,961 | 1,293 sq. ft. |
Farragut, TN rent trends
Rental prices in Farragut, TN have decreased by 2.28% over the past year. The average rent moved from $1,750 to $1,710.
What's the typical rent budget in Farragut, TN?
The largest share of rentals in Farragut, TN (70%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Farragut, TN?
1,325 or 15% of the households in Farragut, TN are renter-occupied while 7,662 or 85% are owner-occupied.
How Farragut Compares to Other Cities
| City | Average Rent |
|---|---|
| Farragut | $1,710 |
| Memphis | $1,134 |
| Nashville | $1,825 |
| Knoxville | $1,732 |
| Clarksville | $1,275 |
| Murfreesboro | $1,572 |
| Chattanooga | $1,450 |
| Antioch | $1,465 |
| Gallatin | $1,559 |
| La Vergne | $1,726 |
| Madison | $1,425 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Farragut apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.