Home prices
Oak Ridge's median home cost is $155,800. In comparison to nearby areas it is about $26,180 (14%) lower.It is about $61,700 (28%) lower compared to the entire country, and in comparison to the city of Knoxville is approximately $19,500 (14%) higher.
Rents
The median monthly rent in Oak Ridge is $806. Compared to nearby areas this is roughly $34 (4%) lower.It is approximately $256 (24%) lower in comparison to the country as a whole, and is approximately $39 (4%) lower compared to the city of Knoxville.
Nearby places
Oliver Springs
Oliver Springs is roughly 5 miles north of Oak Ridge. The housing prices there are a little less expensive. The median home price in Oliver Springs is $119,300, which comes out to $36,500 (30%) lower than Oak Ridge. Its rents are a bit less expensive. The median monthly rent in Oliver Springs is $723, which works out to $83 (11%) lower than Oak Ridge.
Coalfield
Coalfield is approximately 8 miles northwest of Oak Ridge. Its housing prices are a bit less expensive. The median home in Coalfield is valued at $127,100, which is $28,700 (22%) lower than Oak Ridge. Its rents are pretty similar. Coalfield's median monthly rent is $808, which is very similar to Oak Ridge.
Farragut
Farragut is about 8 miles southeast from Oak Ridge. Real estate prices there are a lot more expensive. The value of the median home in Farragut is $370,400, which works out to $214,600 (57%) higher than Oak Ridge. Rent there is a bit more expensive. In Farragut the median monthly rent is $1,120, which is $314 (28%) higher than Oak Ridge.
Lenoir City
Lenoir City is roughly 10 miles south of Oak Ridge. Real estate prices there are a bit less expensive. Lenoir City's median home price is $125,500, which works out to $30,300 (24%) lower than Oak Ridge. Its rents are fairly similar. In Lenoir City the median rent is $819 per month, which is $13 (1%) higher than Oak Ridge.
Kingston
Kingston is approximately 11 miles southwest of Oak Ridge. Its real estate prices are a bit more expensive. The median home in Kingston costs $167,600, which comes out to $11,800 (7%) higher than Oak Ridge. Rents there are somewhat less expensive. In Kingston the median rent is $728 a month, which works out to $78 (10%) lower than Oak Ridge.
