Performance indicators for the Oak Ridge short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Oak Ridge.
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Challenging to Investors
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.
Local STR Agent
STR specialist · Oak Ridge, TN
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.
