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City · 32,693 residents · Anderson County, Tennessee

Oak Ridge , Tennessee

In Oak Ridge, a typical home is worth $270,200 and typical rent is $1,131 a month. Compared with all of Anderson County, the typical home value is 13% higher, typical rent is 10% higher, and the share of households that own their home is 6 points lower.

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  • Typical home value

    $270,200

    13% above the county

    6% below Tennessee

    • Oak Ridge
    • Anderson
    • Tennessee

  • Typical rent

    $1,131a month

    10% above the county

    5% below Tennessee

    • Oak Ridge
    • Anderson
    • Tennessee

  • Typical household income

    $72,311a year

    9% above the county

    4% above Tennessee

    • Oak Ridge
    • Anderson
    • Tennessee

  • Households that own their home

    66%

    6 points below the county

    1 points below Tennessee

    • Oak Ridge
    • Anderson
    • Tennessee

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$325,208
1.7% more than 12 months ago
Typical rent
$1,622 a month
4.2% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Oak Ridge is in Anderson County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Anderson County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Oak Ridge apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Kingston, the typical rent is $716: 37% less than in Oak Ridge ($1,131).

  2. Nearby, in Kingston, the typical home value is $220,000: 19% less than in Oak Ridge ($270,200).

  3. 66% of households in Oak Ridge own their home, against 72% in Anderson County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Oak Ridge

What homes there are in Oak Ridge, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

As in Anderson County, most homes in Oak Ridge are detached houses (69%).

Year built

In Oak Ridge, half of the homes were built before 1965; in Anderson County, before 1977.

Much as in Anderson County, 63% of homes in Oak Ridge have 3 bedrooms or more.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

About 91% of owner-occupied homes in Oak Ridge are worth less than the FHA loan limit for Anderson County ($541,287).

Monthly rent with utilities

HUD's 2-bedroom fair market rent (FMR) for Anderson County is $1,475; about 79% of rents in Oak Ridge are below it.

With a mortgage

$1,563 a month

Anderson County: $1,415 a month

Without a mortgage

$556 a month

Anderson County: $451 a month

Owners with a mortgage

59%

Anderson County: 56%

The typical cost for an owner with a mortgage in Oak Ridge is $1,563 a month, more than in Anderson County ($1,415); without one, $556.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Oak Ridge rose 73% since 2015–2019, more than in Anderson County (64%).

The typical rent in Oak Ridge rose 40% since 2015–2019, about the same as in Anderson County (38%).

Housing prices ran ahead of income in Oak Ridge: typical income rose 31%, against +73% for home values and +40% for rent.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureOak RidgeAnderson CountyTennesseeUnited States
Rental vacancy Unreliable estimateUnreliable estimate6.1%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.9%0.9%
More than one person per room Unreliable estimate1.1%2.2%3.4%
People per household 2.302.382.452.53
Drive alone 71%77%76%69%
Carpool 10%8%8%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike 2%1%1%3%
Work from home 16%13%13%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

A household in Oak Ridge has 2.30 people on average, about the same as in Anderson County (2.38).

Many people here do not commute at all: 16% work from home; in Anderson County, 13%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Oak Ridge?

A typical home costs more than the typical income allows

We start with a typical home in Oak Ridge, worth $270,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 36% of the typical household income in Oak Ridge, which is $72,311 a year. For that payment to be 28% of income, a household would need to earn about $93,535 a year.

The calculator's FHA and conventional loan limits are those of all of Anderson County.

Your numbers

Local data
$

Starts at the typical home value in Oak Ridge. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $9,457 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,182

at 7.18% · 30 years

Loan amount
$265,306
Total interest
$381,713
Paid off in
November 2056

Includes $4,563 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,687 a month

  • Tight

    $1,687 to $2,169 a month

  • Hard

    more than $2,169 a month

    Your payment · 36%

Compared with the typical household income in Oak Ridge ($72,311 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,182
Principal & interest$1,797
Property tax$153
Home insurance$113
FHA mortgage insurance (MIP)$120

You need at least $9,457 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Oak Ridge and Anderson County

Oak Ridge is in Anderson County, Tennessee. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Oak Ridge's own numbers

Typical home value
$270,200
Typical monthly rent
$1,131
Typical yearly household income
$72,311
Households that own their home
66%
Effective property tax rate
0.68%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Anderson County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,475
Price change over 5 years (FHFA)
+78%
Homes in a high flood-risk zone
0.9%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Anderson County.

Everything about Anderson County

Buying

Buying a home in Oak Ridge

A typical home in Oak Ridge is worth $270,200: 13% above the county and 6% below Tennessee. With the typical household income in Oak Ridge ($72,311 a year), a typical home costs 3.7 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Oak Ridge 3.7 years
  • Anderson 3.6 years
  • Tennessee 4.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Anderson County

According to FHFA’s house price index, home prices in Anderson County rose 131% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Anderson County.

Period County Tennessee U.S.
Last year (2025) +3.4% +2.4% +2.9%
5 years (2020–2025) +78% +60% +47%
10 years (2015–2025) +131% +114% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Oak Ridge next to Anderson County, Tennessee and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Oak Ridge $270,200
  • Anderson $239,400
  • Tennessee $286,700
  • United States $332,700
Typical monthly rent
  • Oak Ridge $1,131
  • Anderson $1,031
  • Tennessee $1,189
  • United States $1,413
Typical yearly household income
  • Oak Ridge $72,311
  • Anderson $66,183
  • Tennessee $69,595
  • United States $80,734
See the full table
Oak Ridge next to Anderson County and Tennessee
Measure Oak Ridge Anderson County Tennessee U.S.
Typical home value $270,200 $239,400 $286,700 $332,700
Typical monthly rent $1,131 $1,031 $1,189 $1,413
Typical yearly household income $72,311 $66,183 $69,595 $80,734
Households that own their home 66% 72% 67% 65%
Typical yearly property tax $1,835 $1,289 $1,442 $3,119
Effective property tax rate 0.68% 0.54% 0.5% 0.94%
Renters with high rent for their income 41% 45% 49% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Anderson County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Oak Ridge

For a typical $270,200 home in Oak Ridge, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Oak Ridge's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,182a month

    Least cash to close
    Down payment
    $9,457
    Cash to close
    $17,563
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $120

  • Conventional, 5% down $2,133a month

    Down payment
    $13,510
    Cash to close
    $21,616
    Rate
    7.18%
    Mortgage insurance
    PMI · $128

  • Conventional, 20% down, no PMI $1,730a month

    Down payment
    $54,040
    Cash to close
    $62,146
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,980a month

    Down payment
    $40,530
    Cash to close
    $48,636
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Oak Ridge and for Anderson County.

Property tax

Effective rate in Oak Ridge

0.68%of the home’s value each year

$1,835 a year for the typical owner in Oak Ridge.

  • Oak Ridge 0.68%
  • Anderson 0.54%
  • Tennessee 0.5%

What Tennessee publishes Property tax relief for older, disabled and disabled-veteran homeowners (Tennessee Comptroller of the Treasury, 2026 Property Tax Relief Program brochure)

Exemptions and deadlines in Tennessee

Flood risk in Anderson County

FEMA does not publish these numbers by city: they are for all of Anderson County.

Homes in the high-risk zone
0.9%
276
Of those, with NFIP insurance
16%
County Tennessee U.S.
Homes in the high-risk zone 0.9% 1.6% 3.5%
Of those, with NFIP insurance 16% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Oak Ridge

Typical rent in Oak Ridge is $1,131 a month: 10% above the county. In Oak Ridge, 41% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Anderson County, by unit size. To pay the 2-bedroom one ($1,475 a month) without spending more than 30% of your income, you would need to earn $28.37 an hour working full time.

HUD fair market rent for all of Anderson County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,171 $22.52 $46,840
1 bedroom $1,178 $22.65 $47,120
2 bedrooms $1,475 $28.37 $59,000
3 bedrooms $1,844 $35.46 $73,760
4 bedrooms $2,122 $40.81 $84,880

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Oak Ridge

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Oak Ridge is in ZIP code 37830.

For 2 bedrooms it is $1,400: $75 less than the fair market rent for Anderson County ($1,475).

  • 37830 $1,400$1,770

A ZIP code counts for Oak Ridge when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Oak Ridge

HUD lists 11 buildings with rents for lower incomes in Oak Ridge. These are the largest.

  • Frank Callaghan Towers 115 Fairbanks Rd, Oak Ridge 37830 110 low-income homes · For older adults (865) 482-6098
  • Oak Ridge Place 100 Utica Cir, Oak Ridge 37830 100 low-income homes · For families (865) 482-3800
  • Teller Village Apts 701 Teller Village Ln, Oak Ridge 37830 80 low-income homes · 2 bd: 64 · 3 bd: 16 · In service since 2003 · For families
  • Hallmark at Oak Ridge 500 Tuskegee Dr, Oak Ridge 37830 72 low-income homes · 1 bd: 12 · 2 bd: 52 · 3 bd: 8 · In service since 2009 · For people with disabilities, families
  • Royce Hill Towns & Gardens 190 Hillside Rd, Oak Ridge 37830 72 low-income homes · 1 bd: 14 · 2 bd: 36 · 3 bd: 22 · In service since 2009 · For people with disabilities, families

See all 19 buildings in Anderson County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Oak Ridge

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Anderson County. The nearest ones are below; many serve by phone or online.

A young man and a young woman look something up together on a laptop.

HUD counseling is free or low-cost

Assistance programs in Oak Ridge

No down payment, repair or rent-help program on our list is for Oak Ridge or Anderson County. The ones below are statewide in Tennessee: they work in Oak Ridge the same as in the rest of the state.

Which programs do I qualify for? All programs in Tennessee

  • Great Choice Plus

    Statewide in Tennessee

    Tennessee state agency help with the down payment and closing costs alongside the Great Choice mortgage: $6,000 or $10,000 forgivable over 10 years with no payments, or up to 5% of the price (maximum $15,000) as a 30-year second mortgage. Offered by Tennessee Housing Development Agency (THDA).

    ForgivableRepayable

    See the program Official page

Housing counselors near Oak Ridge

The HUD-approved agencies closest to the center of Oak Ridge, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • University of Tennessee Extension Office

    2621 Morgan Cir, Knoxville · 19 miles away

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 2 more
    (865) 974-7349

  • Knoxville Area Urban League

    1514 E 5th Ave, Knoxville · 21 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (865) 524-5511

  • KNOX HOUSING PARTNERSHIP, INCORPORATED dba HOMESOURCE EAST TENNESSEE

    109 Winona St, Knoxville · 21 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (865) 637-1679

All counseling agencies in Tennessee

Help in Spanish near Oak Ridge

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Oak Ridge

HUD’s record names them for Oak Ridge or Anderson County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Oak Ridge Housing Authority Public housing and Section 8 vouchers (865) 482-1006

One other authority has an office in Anderson County: see the list Source: HUD

Cities

Other cities in Anderson County

These cities are also in Anderson County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Anderson County Housing in Tennessee

Nearby cities

The cities closest to Oak Ridge, with the typical home value.

Neighboring counties

If Anderson County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Oak Ridge.

All guides
A father smiles as he carries his baby on his shoulders outdoors.

Questions

Housing questions about Oak Ridge

Short answers with the numbers for Oak Ridge and all of Anderson County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Oak Ridge?

The typical home value in Oak Ridge is $270,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Anderson County it is $239,400.

How much does it cost to rent in Oak Ridge?

Typical rent in Oak Ridge is $1,131 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Anderson County is $1,475.

What is the FHA loan limit in Oak Ridge?

Oak Ridge uses the FHA limit for all of Anderson County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Oak Ridge?

The typical homeowner in Oak Ridge pays $1,835 a year, according to the U.S. Census Bureau. That is 0.68% of the home’s value; in Anderson County, the rate is 0.54%.

Where can I find free help to buy or rent in Oak Ridge?

We found no HUD-approved counseling agencies with an office in Anderson County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).