Rentometer, Inc. | Data as of 10/22/2025
Alcoa’s rental market offers a blend of modern apartments and spacious single‑family homes, appealing to professionals, families, and students drawn to its convenient proximity to Knoxville and the vibrant Tennessee River corridor. Residents enjoy easy access to major thoroughfares such as US‑129 and I‑40, as well as local amenities including the scenic Tellico Lake, Alcoa High School, and a growing downtown scene featuring boutique shops, eateries, and community events. The city’s reputation for safety and strong school districts makes it a desirable base for long‑term renters looking for a balanced lifestyle.
Apartment options dominate the rental landscape, with one‑ and two‑bedroom units providing comfortable living spaces that typically fall within the $1500s, while three‑bedroom apartments and comparable three‑bedroom houses often approach the $2000 range. These properties feature contemporary finishes, in‑unit laundry, and access to shared amenities such as fitness centers, pools, and pet‑friendly areas. For those seeking more space, three‑bedroom houses present a compelling alternative, often situated in established neighborhoods like River Oaks and Oak Ridge Estates, where larger yards and private garages are common.
The city’s appeal is further enhanced by nearby attractions such as McGhee Tyson Airport, the historic Alcoa Museum, and a variety of outdoor recreation opportunities along the Tennessee River and local parks. This combination of affordable rental options, convenient transportation links, and a welcoming community atmosphere positions Alcoa, Tennessee as a strong contender for renters looking to experience the best of East Tennessee living.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,504 | $1,493 | $1,300 - $1,745 | $1,425 - $1,538 |
| Apartment | 2 Bedroom | $1,544 | $1,495 | $1,275 - $2,100 | $1,325 - $1,750 |
| Apartment | 3 Bedroom | $1,993 | $2,065 | $1,495 - $2,216 | $2,020 - $2,100 |
| House | 3 Bedroom | $1,877 | $2,000 | $1,050 - $2,200 | $2,000 - $2,200 |
In the current period, the average rent in Alcoa was
$1,504 for 1 Bedroom,
$1,534 for 2 Bedroom, and
$1,924 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.