Is Gatlinburg, TN a good place to invest in rental property?

Gatlinburg, TN has a median modeled monthly cash flow of $-2,220 and a median cap rate of 1.5%, on a median sold price of $479,900. Prices changed -1.6% year over year.

What is the average cap rate in Gatlinburg, TN?

The median cap rate across recently sold homes in Gatlinburg, TN is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Gatlinburg, TN?

The median sold price in Gatlinburg, TN is $479,900 (about $343 per square foot).

Investing in Gatlinburg, TN Real Estate

A data-driven snapshot of the Gatlinburg, TN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$479,900Median sold price

$343Median $/sqft

1.5%Median cap rate

$-2,220Modeled cash flow / mo

-1.6%Appreciation YoY

20.7Months of supply

802Active listings

465Sold (last 12 mo)

What the Gatlinburg numbers say

In Gatlinburg, TN, the median home sold for $479,900 (about $343 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-2,220 of monthly cash flow. Sold prices moved -1.6% over the past year. Inventory sits at about 20.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 5 fix-and-flip deals in Gatlinburg — listings where the estimated after-repair value beats list price + rehab.

Other Tennessee markets to compare

See Gatlinburg cash-flowing listings

CashFlowRE ranks every for-sale home in Gatlinburg, TN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Gatlinburg deals, or browse the national market data.