Lenoir City, TN

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Lenoir City short-term rental market based on reliable data.

Listings

35 / 53

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$26,917

Middle-Earners Revenue

Occupancy

71%

Middle-Earners Occupancy

Home Value

$419,234

Median Home Sale Price

Top Earners

$56,838

Top-Earners Revenue

Lenoir City

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lenoir City.

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C

Challenging to Investors

Lenoir City Regulations

STRs are not clearly authorized citywide; residential use generally requires a special exception from the Board of Zoning Appeals, and only narrow pathways exist in C‑2 (upper‑floor accessory) or as lodging in C‑3/C‑4. Permitting is moderate (business licenses, inspections, and state tax registration) and a stringent parking standard applies to lodging (1 space per room plus staff), creating cost/compliance burdens and investor risk.

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About Lenoir City

Lenoir City, Tennessee is a small city situated in Loudon County in the eastern part of the state, nestled between the Tennessee River and a chain of reservoirs managed by the Tennessee Valley Authority. The community has a population of approximately 9,000 to 10,000 residents and carries the relaxed, outdoorsy feel typical of the Tennessee lakes region, with a historic downtown, easy access to the water, and a steady flow of travelers along Interstate 75. Because of its position, Lenoir City serves as a convenient gateway to both the natural beauty of the southern Appalachians and the larger urban amenities of Knoxville, which lies about 25 to 30 miles to the northeast and is reachable in roughly a half-hour drive. It is also a useful base for visitors heading south toward Chattanooga or northward toward the Kentucky border.

Just a few miles south of the city sits Fort Loudoun State Historic Area, a reconstructed 18th-century British colonial fort that originally stood as one of the earliest European outposts in the region. The park includes a partial reconstruction of the fort, a small visitor center and museum, walking paths along the shoreline, and picnic facilities overlooking Tellico Lake. From Lenoir City, the drive typically takes around 10 to 15 minutes, making it an easy half-day stop for travelers interested in early frontier history.

The waters of Tellico Lake and the adjoining Fort Loudoun Lake wrap around the southern and eastern edges of the city, drawing boaters, anglers, and paddlers year-round. The lakes are well known for striped bass and other game fish, and their quiet coves and public ramps make them a defining feature of life in the area. Together, they form one of the most popular recreational waterway systems in eastern Tennessee, and visitors staying in Lenoir City are rarely more than a few minutes from a launch or marina.

Roughly an hour to the southeast lies Great Smoky Mountains National Park, the most visited national park in the country, with the Townsend and Foothills Parkway entrances reachable by a scenic drive through the foothills. Hiking, wildlife viewing, and the park's historic Appalachian communities make it a major draw for visitors year-round, and Lenoir City's position along I-75 makes it a natural overnight stop for travelers making the trip from the Midwest or the lower South.

Lenoir City offers short-term rental owners an appealing combination of small-town character, lake-based recreation, and proximity to two of Tennessee's biggest draws: the urban offerings of Knoxville and the natural spectacle of the Smokies. Its location along a major interstate corridor, paired with its setting among the TVA lakes, gives it broad year-round appeal for road trippers, anglers, and outdoor travelers.

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