Real Estate Investing in Harriman, Tennessee

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 17,021 • Roane County

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Should you buy in Harriman, TN? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 15.3% of homes vacant — above national norms.

What’s happening in Harriman, TN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.0% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $240,668
Avg Monthly Rent $1,043
ZIP Codes 1

Investing in Harriman Real Estate

Across Harriman's 1 ZIPs, the picture is modest: $241K median values, $1,043/mo rents, and a population that has faced real economic pressure.

Harriman is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. decisively out-of-state investors should be especially careful with the assumptions they carry in.

Market conditions in Harriman are soft. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Demographics in Harriman show real pressure — median income of $N/AK is modest relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Knoxville, TN

Harriman is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Harriman, TN. Anonymous, moderated, never written by AI.

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Avg Home Value
$240,668
Avg Monthly Rent
$1,043
1% Rule
✗ Below
Landlord Friendly (TN)

📉 Market Crash Risk Index

Based on Knoxville, TN metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
59%
Days Pending
1/2
54 days

View all metro crash risk rankings →

❄️ Cool Market — Knoxville, TN metro
54
Days to pending
11.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

🎓 Colleges & Universities in Harriman

2 Colleges 5,541 Students 2,397 Off-Campus Renters
C+
Tennessee College of Applied Technology-Harriman
2-Year Public · 719 students
📍 ~719 students rent off-campus
C
Roane State Community College
2-Year Public · 4,822 students
📍 ~1,678 students rent off-campus

Investor Insight: With 2,397 students living off-campus, Harriman has substantial rental demand from the college population — typically stable, lease-renewing tenants.

ZIP Codes in Harriman, TN

Screen every ZIP in Harriman

Filter Harriman’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Harriman, TN

Where do home prices stand in Harriman, TN?

Harriman, TN median home values land near $241K. That is reasonable territory for investors looking at $1,043/mo-per-month rentals.

How do experienced investors play Harriman, TN?

The best-fit strategy in Harriman, TN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

Are renters plentiful in Harriman, TN?

Harriman, TN draws a stable base of working renters. Demand at the $1,043/mo rent level is reasonable for standard single-family and small multi rentals.

Does Harriman, TN favor landlords or tenants?

Rental owners in Harriman, TN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

How high is vacancy risk in Harriman, TN?

Harriman, TN carries elevated vacancy risk. Expect stable absorption at market rents of $1,043/mo.

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