Oak Ridge, TN

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

64 / 142

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$33,353

Middle-Earners Revenue

Occupancy

78%

Middle-Earners Occupancy

Home Value

$331,053

Median Home Sale Price

Top Earners

$50,978

Top-Earners Revenue

Oak Ridge

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Oak Ridge.

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C

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, Tennessee sits in the rolling hills of eastern Tennessee, spanning Anderson and Roane counties roughly 25 miles west of Knoxville. With a population of around 31,000, the city has a distinct character shaped by its origins as a top-secret Manhattan Project site during World War II, when it was built almost overnight to house workers enriching uranium for the first atomic weapons. Today Oak Ridge retains a leafy, suburban feel while remaining home to Oak Ridge National Laboratory, one of the largest multidisciplinary science laboratories in the United States. It serves as a gateway to the Cumberland Plateau and the waterways of the Tennessee Valley.

The American Museum of Science and Energy, located in central Oak Ridge, presents the history of the Manhattan Project alongside hands-on exhibits on energy, physics, and the ongoing research at the national laboratory. Visitors can view artifacts from the wartime effort and learn about nuclear science in an accessible way. It is just a short drive from any point in the city.

The Manhattan Project National Historical Park tells the story of the secret cities that helped end World War II, with its Oak Ridge unit located just minutes from the city center. The park preserves the K-25 building site, the X-10 Graphite Reactor, and the Y-12 National Security Complex, offering a chance to walk the grounds where history was made. Interpretive trails and a visitor center help bring the wartime secrecy to life.

Just south of Oak Ridge, Melton Hill Lake offers boating, fishing, and shoreline recreation along the Clinch River. The reservoir is part of the Tennessee River system and is known for its smallmouth bass and crappie fishing, as well as paddling and swimming in the warmer months. Marinas and boat launches sit within a 15-minute drive of most of the city.

About an hour to an hour and a half southeast, Great Smoky Mountains National Park draws more than twelve million visitors a year with its old-growth forests, abundant wildlife, and the scenic Newfound Gap Road. Oak Ridge makes a quieter home base for travelers who want to experience the park without staying in the busier gateway towns of Gatlinburg or Pigeon Forge.

Oak Ridge's blend of mid-century planned-community character, deep historical significance, and proximity to both Knoxville and the natural beauty of East Tennessee gives it a particular appeal for short-term rental owners. Visitors come for the science and history, but stay for the easy access to lakes, trails, and one of the country's most-visited national parks. The city's compact layout, family-friendly atmosphere, and event calendar — including the annual Secret City Festival — help support steady interest from guests throughout the year.

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