The Summit Townhomes
100 Lisa's Way,
Oak Ridge, TN 37830
3-4 Beds | $2,092 - $5,677
$1,056/month
Average Rent
653 Sq Ft
Average Apartment Size
+0.9%
Increase in the Last Year
As of February 2025, the average rent in Oak Ridge, TN is $1,056 per month. This is 32% lower than the national average rent of $1,555/month, making renting in Oak Ridge more affordable than most cities in the US. When you rent an apartment in Oak Ridge, you can expect to pay about $994 per month for a studio, $1,056 for a one-bedroom apartment, and around $1,246 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,809 or more.
In the past year, rent has increased by 0.9%, which averages out to $10 more per month.
Because the average rent in Oak Ridge is $1,056, you’ll want to make about $3,520 per month or $42,240 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Use the tool below to compare Oak Ridge, TN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.