Oak Ridge, TN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Oak Ridge short-term rental market based on reliable data.

Listings

64 / 138

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$33,183

Middle-Earners Revenue

Occupancy

81%

Middle-Earners Occupancy

Home Value

$318,285

Median Home Sale Price

Top Earners

$48,450

Top-Earners Revenue

Oak Ridge

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Oak Ridge.

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Challenging to Investors

Oak Ridge Regulations

Oak Ridge has no standalone STR ordinance; non‑owner‑occupied STRs are not recognized in residential zones and must use the Bed & Breakfast pathway with owner‑occupancy, four‑room cap, seven‑day max stays, and strict inspections and parking rules—viable for a few properties but a high compliance burden for most investors.

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About Oak Ridge

Oak Ridge is a city in Anderson and Roane counties in the eastern part of the U.S. state of Tennessee, about 25 miles (40 km) west of downtown Knoxville. Oak Ridge's population was 31,402 at the 2020 census. It is part of the Knoxville Metropolitan Area. Oak Ridge's nicknames include the Atomic City, the Secret City, and the City Behind the Fence.In 1942, the United States federal government forcibly purchased nearly 60,000 acres (240 km2) of farmland in the Clinch River Valley for the development of a planned city supporting 75,000 residents. It was constructed with assistance from architectural and engineering firm Skidmore, Owings & Merrill, from 1942 to 1943. Oak Ridge was established in 1942 as a production site for the Manhattan Project—the massive American, British, and Canadian operation that developed the atomic bomb. Being the site of Oak Ridge National Laboratory and Y-12 National Security Complex, scientific and technological development still plays a crucial role in the city's economy and culture in general. In 2016, the element tennessine was named for Tennessee, in recognition of the role played by Oak Ridge and other institutions in the state in its discovery.

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