Norris, TN

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

407 / 1048

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$32,064

Middle-Earners Revenue

Occupancy

44%

Middle-Earners Occupancy

Home Value

$495,148

Median Home Sale Price

Top Earners

$74,252

Top-Earners Revenue

Norris

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Norris.

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C

Challenging to Investors

Norris Regulations

STRs are confined to a few commercial/professional zones and limited to a maximum of three sleeping rooms, requiring multiple permits (city, county, state) and a local agent who must respond within two hours. Coupled with a $50 per‑violation penalty and permit revocation after three infractions, the compliance burden is sizable enough to be challenging for investors.

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About Norris

Norris is a small, historic city in Anderson County in eastern Tennessee, situated on the Clinch River about 25 miles north of Knoxville. With a population of roughly 1,500 residents, it has the feel of a quiet, tree-lined community that retains a strong sense of its 1930s origins, when it was constructed as one of the earliest planned communities in the United States to house workers building a major federal dam. Today, the town is best known for its namesake reservoir and surrounding state park, and it functions as a peaceful gateway to outdoor recreation in the Cumberland foothills, with Knoxville's urban amenities and McGhee Tyson Airport both within about a half hour's drive to the south.

Just outside the town limits, Norris Dam State Park wraps a large portion of the reservoir and the slopes above it, offering hiking trails, picnic areas, a swimming pool, cabins, and campgrounds. The park is only a few minutes from the city center, and its trails wind along ridges that overlook the water, making it a convenient year-round draw for visitors interested in fishing, mountain biking, or simply stretching their legs without a long drive. Because the park surrounds much of the lake, it functions almost as a backyard amenity for anyone staying in the area.

The lake itself, Norris Lake, is one of the largest reservoirs in the TVA system and the principal reason most visitors come to the area. Its roughly 800 miles of shoreline curve into narrow forested coves that are popular for boating, houseboating, paddleboarding, and smallmouth bass fishing, and several marinas and public access points are within a short drive of town. In summer, the water draws boaters from across the region, while the surrounding woodlands give the shoreline a calm, uncrowded character compared with more developed lakes further south.

To the north and west, the landscape opens into the broader Cumberland Plateau, where Big South Fork National River and Recreation Area protects a wide swath of gorges, sandstone arches, and the free-flowing Big South Fork of the Cumberland River. The drive from Norris is roughly 90 minutes, putting it within easy reach for a day trip of hiking, horseback riding, or whitewater rafting. The combination of an intimate small-town setting, immediate lake and forest access, and proximity to both Knoxville and the wider Appalachian outdoor scene gives Norris a distinctive appeal as a base for short-term rental guests who want a quieter, nature-oriented stay without sacrificing access to a major regional hub.

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