Performance indicators for the Norris 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 Norris.
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Challenging to Investors
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.
Local STR Agent
STR specialist · Norris, TN
Norris is a city in Anderson County, Tennessee. Its population was 1,599 at the 2020 census. It is included in the Knoxville, TN Metropolitan Statistical Area. Norris was built as a model planned community by the Tennessee Valley Authority (TVA) in 1933 to house workers building Norris Dam on the Clinch River. It is named in honor of George W. Norris, a Senator from Nebraska, who was a long-term supporter of the TVA.