Sevierville, Tennessee Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Sevierville, Tennessee rental market.

Sevierville, Tennessee

Average Apartment Rent

$1,316

Y-o-Y Change in Average
Apartment Rent

Infinity%

As of August 2026

Compared to a year ago, Sevierville, Tennessee apartments have recorded a Infinity% rent increase.

Sevierville, Tennessee Average Apartment Rent

Sevierville, Tennessee Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 68.52%, apartments priced $1,000 - $1,500 represent the bulk of Sevierville, Tennessee rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 0.65%.

Sevierville, Tennessee Housing tenure**

Renter occupied housing units 3,340
Owner occupied housing units 3,819

Renters take up 47% of Sevierville, Tennessee real estate, occupying a total of 3,340 units, while homeowners live in 3,819 properties.

Median number of rooms of renter-occupied housing units**

4.3

Renter median household income**

$41,124

Average household size of renter-occupied housing units**

2.35

Rental vacancy rate**

3%

Sevierville, Tennessee Renter-occupied housing units by no. of bedrooms**

No bedrooms 41
1 bed 625
2 beds 1,766
3 beds 748
4 beds 111
5 or more beds 49

There are 1,766 rentals in Sevierville, Tennessee with 2 beds making up the highest share of the market, at 53%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 41 units. Overall, the median number of rooms in Sevierville, Tennessee homes for rent is 4.3.

Sevierville, Tennessee Renter-occupied units by age of householder**

15 - 24 years 425
25 - 34 years 741
35 - 44 years 720
45 - 54 years 398
55 - 59 years 149
60 - 64 years 264
65 - 74 years 346
75 - 84 years 151
85 years and over 146

Most condos for rent in Sevierville, Tennessee are occupied by residents in the 35 - 44 years age group (22%), followed by those in the 25 - 34 years age group (22%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 4%.

Sevierville, Tennessee Renter-occupied housing units by family type**

Family households 1,539
Non-Family Households 1,801

Sevierville, Tennessee Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 733
No related children of the householder under 18 2,607

A total of 1,539 apartments for rent in Sevierville, Tennessee, or 46% of all rentals are family households. Additionally, 22% of rental homes include children under the age of 18 – that’s 733 units. All in all, the median size of a renter-occupied household in Sevierville, Tennessee is 2.35.

Sevierville, Tennessee Renter-occupied housing units by educational attainment**

Less than high school graduate 295
High school graduate (including equivalency) 1,417
Some college or associate's degree 1,041
Bachelor's degree or higher 587

In terms of education, renters holding bachelor degrees or higher make up 18% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Sevierville, Tennessee.

Sevierville, Tennessee Renter-occupied units by year structure built**

Built 2020 or later 40
Built 2010 - 2019 590
Built 2000 - 2009 503
Built 1990 - 1999 885
Built 1980 - 1989 622
Built 1970 - 1979 372
Built 1960 - 1969 149
Built 1950 - 1959 132
Built 1940 - 1949 36

The highest share of Sevierville, Tennessee apartment rentals, namely 26% or 885 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (19%, 622 units), and the ones Built 2010 - 2019 (18%, 590 units).

Sevierville, Tennessee Renter-occupied units by year householder moved in**

Moved in 2021 or later 274
Moved in 2018 to 2020 1,315
Moved in 2010 to 2017 1,246
Moved in 2000 to 2009 308
Moved in 1990 to 1999 102
Moved in 1989 or earlier 95

Median year renter moved into unit 2017

Most Sevierville, Tennessee renters (39%) moved in 2018 to 2020, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Sevierville, Tennessee condos for rent is 2017.

Sevierville, Tennessee Renter-occupied housing units by vehicles available**

No vehicle available 315
1 vehicle available 1,670
2 vehicles available 968
3 vehicles available 351
4 vehicles available 18
5 or more vehicles available 18

When it comes to transportation options, 50% of Sevierville, Tennessee renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 11% have 3 vehicles available.

Sevierville, Tennessee Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 3,026
Car, truck, or van - carpooled 788
Public transportation (excluding taxicab) 125
Walked 39
Taxicab, motorcycle, bicycle, or other means 86
Worked at home 130

Sevierville, Tennessee Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 6,455
Moved within same county 750
Moved from different county within same state 145
Moved from different state 361

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Sevierville, Tennessee apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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