No rentals found in Grand Lake
Grand Lake is a popular neighborhood in Oakland, TN for renters. Browse available rentals to find your next home in this neighborhood.
Oakland Rental Market
Topfind Market Read
The picture is mixed here. 75% of current listings are under 30 days old, yet 8.0 months of supply is more than current demand absorbs, and rents have eased 8% over the last six months and are 1% below a year ago, so neither side holds a clear advantage. Renters can take time to compare options, while well-priced units still lease at a steady clip.
Median Rent
$3,850/mo
↓ 1% over the past yearChart shows the median closed lease rate by month
Months of Rental Inventory
Estimated time to lease all rentals at the current leasing pace
8.0 months of supply
Ample Supply32 active rentals, plenty of options to choose from.
What this means for renters
There are more rentals available than recent leasing absorbs, so renters have plenty of options and stronger footing to negotiate rent and terms. Rentals typically lease in ~45 days.
Rental Velocity
How fast rentals are leasing
Rentals take longer to lease here than in a balanced market, so renters have more time to compare options and negotiate. The trend is moving the other way though, with leasing times down 64% over the last six months.
Rental Inventory Distribution
Most current rental listings are under 30 days old, so the mix skews toward fresh inventory.
Affordability Snapshot
Typical rent
$3,850/mo
Median rent
Affordable budget (30%)
$2,434/mo
Based on median income
Median household income
$8,114/mo
Oakland
Typical rent costs about 47% of the median household's income.
The standard recommendation is to spend ≤30% of income on rent.
Income needed to afford typical rent comfortably
$154K/year
Assumes rent ≤30% of income
Median Rent by Bedroom
Rent increases significantly with bedroom count, with larger units commanding premium prices.
Each additional bedroom adds about $2,514/mo to rent on average.
Largest increase: 4 → 5 bedrooms (+$8,733/mo)
Rent Reductions
4 listings have reduced their rent
13% of active listings
Average reduction: 14.7% (~$566/mo)
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