Oak Ridge renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Oak Ridge is about $1,257 per month. This puts it in the 56th percentile compared to the state average cost of rent, which is $1,532. Households in Oak Ridge have a median income of $3,153 per month so the average renter in Oak Ridge is spending roughly 40% of their earnings on housing.
Nationally, and in Oak Ridge, home values are the data point most closely correlated with the cost of rent. The median price of a home in Oak Ridge is $157,419 right now, which is lower than cities nearby, meaning that rents in Oak Ridge also tend to be lower versus these nearby cities.
Higher rent prices are common in the northern parts of Oak Ridge while lower rent rates are often available in southeastern areas.
Nearby Cities
- Pine Castle, FL: less expensive rent prices
- Edgewood, FL: less expensive rent prices
- Orlando, FL: more expensive rent prices
- Belle Isle, FL: more expensive rent prices
- Orlando, FL: more expensive rent prices
- Taft, FL: more expensive rent prices
- Doctor Phillips, FL: more expensive rent prices
- Orlovista, FL: less expensive rent prices
- Conway, FL: more expensive rent prices
- Southchase, FL: more expensive rent prices
Cities with Similar Populations
- Roselle, IL: more expensive rent prices
- Newport, RI: more expensive rent prices
- Nazareth, PA: more expensive rent prices
- Elko, NV: less expensive rent prices
- Sachse, TX: more expensive rent prices
- Sherwood, OR: more expensive rent prices
- Palmetto Bay, FL: more expensive rent prices
- Lincolnia, VA: more expensive rent prices
- Latrobe, PA: less expensive rent prices
- Defiance, OH: less expensive rent prices
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