Real Estate Investing in Oak Ridge, Tennessee (37830)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37830 (Oak Ridge, TN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.5% of homes vacant — above national norms.
What’s happening in Oak Ridge, TN (37830)?
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Market Analysis: 37830 Oak Ridge
Not every below-median market is a bargain. Oak Ridge's 37830 ZIP stands at signals that favor experienced operators who can absorb the risk $331K pricing implies.
The investment case in 37830 is solid only for operators who understand what they are buying. A $331K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 37830 sits on the difficult end of the TN spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 37830 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 37830 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Oak Ridge:
Property Strategy for 37830
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $215,874 | $1,360 | 4.5% | +14.0% | $107,937 |
| 3BR | $321,838 | $1,740 | 3.9% | +12.4% | $107,279 |
| 4BR | $437,169 | $2,050 | 3.4% | +11.3% | $109,292 |
| 5BR | $563,889 | — | — | +11.4% | $112,778 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37830 Compare?
| Metric | 37830 | Oak Ridge | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $330,753 | $330,753 | N/A | $327,001 |
| 5-Year CAGR | 8.7% | 8.7% | N/A | 7.7% |
| Avg Rent | $1,668 | $1,668 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37830 (Oak Ridge, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $330,753 |
| Monthly Rent | $1,668 |
| Price-to-Rent | 16.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 3.9% |
| 5-Year IRR | 12.6% |
📈 Home Appreciation
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +8.7% ▲ |
| 10-Year CAGR | +9.4% ▲ |
🏠 Rent Trends
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 37830
Population: 32,519
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 37830
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,905 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How high is vacancy risk in Oak Ridge, TN?
Vacancy risk in Oak Ridge, TN is elevated. That supports even-keeled cash flow for typical rental holds.
Are tenants stable in Oak Ridge, TN?
Oak Ridge, TN draws a reliable base of working renters. Demand at the $1,668/mo rent level is reasonable for standard single-family and small multi rentals.
How strong are rents in Oak Ridge, TN?
Investors in Oak Ridge, TN typically see rents near $1,668/mo per month against $331K home values - a solid setup for rental cash flow.
How strict are landlord regulations in Oak Ridge, TN?
Oak Ridge, TN operates under TN law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
What type of investing works in Oak Ridge, TN?
Investors usually favor careful cash-flow rentals with hands-on management in Oak Ridge, TN. With home values at $331K and rents near $1,668/mo, other strategies can work but produce stable rather than outsized returns.
You know 37830 now. You don’t know where it ranks.
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How 37830 ranks in Knoxville, TN
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