Rents are 3% below what Ashland City's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,593 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Ashland City, TN is majority owner-occupied, 28.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Ashland City, TN has changed in 5 years
Since 2023, the typical rent in Ashland City, TN has climbed from $1,557 to $1,593, a 2.3% change over five years. Median household income rose from $62,772 to $79,231 between 2021 and 2024, a 26.2% shift. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 7.6% since 2021, moving from about 5,041 residents to roughly 5,424. Renters now make up 38.1% of households, compared with 42.7% five years ago. College-educated residents now make up 28.2% of adults here, versus 19.2% in 2021. Taken together, the five-year picture in Ashland City, TN reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Can you afford rent in Ashland City on your salary?
At $1,593/mo, how Ashland City rent compares to typical pay (30% rule).
Ashland City rent by bedroom count
Median rent for each apartment size in Ashland City. Click any size for full breakdown.
Tips for renters in Ashland City
Last updated: August 17, 2026
The median rent in Ashland City is $1,593/mo as of August 2026. A studio apartment averages $1,330/mo while a 2-bedroom runs $1,540/mo. One-bedroom apartments average $1,390/mo and 3-bedroom units go for $1,940/mo.
At 24% of local median household income ($79,231/yr), Ashland City ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.0% over the past year.
Frequently asked questions
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What percentage of Ashland City residents rent vs. own?
How does Ashland City rent compare to the national average?
At $1,593/mo, rent takes ~24% of Ashland City's median household income ($79,231/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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