What is the median rent in Lakesite, TN?
The median gross rent in Lakesite, TN is $863 (±$378) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 105 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Lakesite, the median gross rent went from $898 in 2015–2019 to $863 in 2020–2024 (−3.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $863 (±$378)
- Rented homes
- 105 (±46)
- $2,000 or more
- 1.9%
- Since 2015–2019
- −3.9%
How much rent costs in Lakesite
| Monthly gross rent | Lakesite | Hamilton County | Tennessee | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±33.3 points) | 6.9% | 7.8% | 6.3% |
| $500 to $999 | 55.2% (±24.4 points) | 23.8% | 28.5% | 20.2% |
| $1,000 to $1,499 | 35.2% (±23.1 points) | 37.8% | 33.0% | 28.1% |
| $1,500 to $1,999 | 7.6% (±9.6 points) | 21.6% | 19.0% | 21.1% |
| $2,000 to $2,499 | 1.9% (±4.3 points) | 6.3% | 7.5% | 12.0% |
| $2,500 to $2,999 | 0.0% (±33.3 points) | 1.9% | 2.3% | 5.5% |
| $3,000 or more | 0.0% (±33.3 points) | 1.7% | 1.8% | 6.8% |
The most common range is $500 to $999, paid by 55.2% of renting households.
1.9% of rented homes in Lakesite cost $2,000 or more a month.
Lakesite against Hamilton County, its state and the nation
| Lakesite | Hamilton County | Tennessee | United States | |
|---|---|---|---|---|
| Median gross rent | $863 (±$378) | $1,253 (±$28) | $1,189 (±$7) | $1,413 |
| Rented homes paying rent | 105 (±46) | 53,089 (±1,793) | 867,741 (±7,411) | 42,849,984 |
In Lakesite, median gross rent is lower than in Hamilton County ($1,253).
It is not measurably different from Tennessee ($1,189).
It is lower than the national figure ($1,413).
In Hamilton County, Lakesite ranks 14 of 15 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 182 of 376.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Lakesite has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $898 (±$190) | $863 (±$378) | −3.9% | No measurable change after inflation |
| Households that rent | 16.3% (±5.8 points) | 15.8% (±6.2 points) | −0.5 percentage points | Not a measurable change |
| Rental vacancy rate | 25.1% (±19.5 points) | 6.6% (±10.0 points) | −18.5 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Lakesite
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Lakesite | — | $863 (±$378) | — |
| Middle Valley | 3.3 mi | $1,180 (±$104) | Not measurably different |
| Soddy-Daisy | 4.4 mi | $1,047 (±$98) | Not measurably different |
| Harrison | 5.4 mi | $1,216 (±$218) | Not measurably different |
| Mowbray Mountain | 6.8 mi | $927 (±$47) | Not measurably different |
| Walden | 9.9 mi | $1,537 (±$488) | Higher |
| Fairmount | 11 mi | $1,675 (±$882) | Not measurably different |
| Red Bank | 11 mi | $1,283 (±$85) | Higher |
| Chattanooga | 11 mi | $1,256 (±$33) | Higher |
Nearby places with a measurably higher figure: Walden, TN ($1,537), Red Bank, TN ($1,283), Chattanooga, TN ($1,256).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Hamilton County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 8 | Harrison | $1,216 (±$218) |
| 9 | Middle Valley | $1,180 (±$104) |
| 10 | East Ridge | $1,147 (±$41) |
| 11 | Soddy-Daisy | $1,047 (±$98) |
| 12 | Sale Creek | $1,042 (±$137) |
| 13 | Mowbray Mountain | $927 (±$47) |
| 14 | Lakesite | $863 (±$378) |
| 15 | Apison | $812 (±$334) |
Showing 8 of 15 places in Hamilton County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Lakesite
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Lakesite, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Lakesite beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Lakesite, and send estimates and invoices from your phone.
Questions about Lakesite
What is the average rent in Lakesite, TN?
The Census Bureau publishes the median rather than the average: the median gross rent in Lakesite is $863 (±$378) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Lakesite?
In Lakesite, the median gross rent went from $898 in 2015–2019 to $863 in 2020–2024 (−3.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Lakesite cost more than $2,000 a month?
1.9% of rented homes in Lakesite have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Lakesite higher than in Hamilton County?
In Lakesite, median gross rent is lower than in Hamilton County ($1,253).
It is not measurably different from Tennessee ($1,189).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lakesite city, Tennessee
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lakesite city, Tennessee
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lakesite city, Tennessee
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lakesite city, Tennessee (place:40540, in state:47).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lakesite at a glance
- Renters and owners in Lakesite
- Income and affordability in Lakesite
- Home values in Lakesite
- Homeowner costs in Lakesite
- Property taxes in Lakesite
- Types of homes in Lakesite
- Bedrooms in Lakesite
- Age of homes in Lakesite
- Heating fuel in Lakesite
- Commute and cars in Lakesite
- Population growth in Lakesite
- How long people stay in Lakesite
- Tennessee landlord and tenant rules
- Housing across Hamilton County
- Tennessee places ranked by median rent
- Housing data for every place in Tennessee