Powell 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
On average, the cost of rent in Powell is about $1,173 per month. This puts it in the 90th percentile compared to the state average cost of rent, which is $1,116. Households in Powell have a median income of $5,450 per month so the average renter in Powell is spending roughly 22% of their earnings on housing.
Nationally, and in Powell, home values are the data point most closely correlated with the cost of rent. The median price of a home in Powell is $227,609 right now, which is higher than cities nearby, meaning that rents in Powell also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Powell while lower rent rates are often available in southeastern areas.
Nearby Cities
- Heiskell, TN: less expensive rent prices
- Edgemoor, TN: less expensive rent prices
- Knoxville, TN: less expensive rent prices
- Clinton, TN: less expensive rent prices
- Knoxville, TN: less expensive rent prices
- Melbourne, TN: less expensive rent prices
- Norris, TN: less expensive rent prices
- Seeber Flats, TN: less expensive rent prices
- Laurel Grove, TN: more expensive rent prices
- Oak Ridge, TN: less expensive rent prices
Cities with Similar Populations
- Richmond Hill, GA: more expensive rent prices
- Lake Zurich, IL: more expensive rent prices
- Gainesville, TX: less expensive rent prices
- Monroe, WA: more expensive rent prices
- North Haven, CT: more expensive rent prices
- Cudahy, CA: more expensive rent prices
- Mount Holly, NC: less expensive rent prices
- Kilgore, TX: less expensive rent prices
- Chippewa Falls, WI: less expensive rent prices
- Perkasie, PA: more expensive rent prices
All Local Stats
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