City Report · TN

Ashland City

Pop. 5,424·33rd most expensive in Tennessee·Rental market data updated monthly for Ashland City, TN
Median rent (all units)
$1,626/mo
Year-over-Year
+0.9%
Month-over-Month
-0.3%
vs US Median
-$306
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Ashland City · $1,626
More affordable than 67% of US cities · National median $1,932/mo
Rent Reality Score
49/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Ashland City's 10-year trend predicts.

Actual rent
$1,626/mo
Expected by trend
$1,621/mo
The Rent Reality Score compares today's median rent to where Ashland City's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,330
1 BR
$1,390
2 BR
$1,540
3 BR
$1,940
4 BR+
$2,390
Fair Market Rent (HUD)
$1,540/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,626 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 →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Ashland City is 1% below its high of $1,642 in July 2026, at $1,626 as of September 2026.

Past year vs. the rest of Tennessee

Rent in Ashland City changed +0.9% over the year to September 2026. Across the 51 Tennessee cities Zillow tracks, the typical change was +2.0%.

Recent direction

Rent has fallen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($79,231) is $1,981 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,940); a 4-bedroom is $2,390.

Cheaper nearby

Clarksville, 22 miles away, rents for 16% less ($1,372/mo), about $3,000 a year in savings.

From Zillow's monthly rent index (ZORI) for Ashland City. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,512/yr
At $1,626/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.9% YoY, -0.3% MoM), not inventory.
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Demographics

Who lives here

Ashland City, TN is majority owner-occupied, 28.2% of residents hold a bachelor's degree or higher.

Population
5,424
Median income
$79,231
Median age
37.6
Renters
38.1%
Age distribution
23%
21.9%
28.1%
16.3%
Under 1823%
18–3421.9%
35–5428.1%
55–6410.7%
65+16.3%
Gender
48.2%
51.8%
Male48.2%
Female51.8%
Race & ethnicity
85.1%
White85.1%
Black3.8%
Hispanic9.1%
Other1.8%
Education (25+)
29.2%
34.6%
28.2%
No HS diploma8%
HS diploma29.2%
Some college34.6%
Bachelor's+28.2%
Housing tenure
61.9%
38.1%
Owner61.9%
Renter38.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Ashland City, TN has changed in 5 years

Rent
$1,535 → $1,626
up 5.9%
Income
$62,772 → $79,231
up 26.2%
Population
5,041 → 5,424
up 7.6%
Renter share
42.7% → 38.1%
-4.6 pts
Bachelor's+
19.2% → 28.2%
+9.0 pts
Median age
42.6 → 37.6
-5.0 yrs

Since 2023, the typical rent in Ashland City, TN has climbed from $1,535 to $1,626, a 5.9% 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.

Community

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View Ashland City rent history (2015–2026) →
Salary vs rent

Can you afford rent in Ashland City on your salary?

At $1,626/mo, how Ashland City rent compares to typical pay (30% rule).

By apartment size

Ashland City rent by bedroom count

Median rent for each apartment size in Ashland City. Click any size for full breakdown.

Local insights

Tips for renters in Ashland City

About renting in Ashland City, TN

Last updated: October 17, 2026

The median rent in Ashland City is $1,626/mo as of October 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 25% of local median household income ($79,231/yr), Ashland City ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Ashland City?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (about $31/hour full-time) to afford the median rent of $1,626/mo in Ashland City. The local median household income is $79,231/yr, so the typical household meets that bar.

Is rent going up or down in Ashland City?

Rent in Ashland City has risen 0.9% over the past year as of September 2026. It sits 1% below its high of $1,642 in July 2026.

How does Ashland City rent compare to other cities in Tennessee?

Ashland City is in the middle among Tennessee cities for rent, ranking #33 of 66 tracked cities at $1,626/mo. Over the year to September 2026, rent in Ashland City changed +0.9%, against a typical +2.0% across the 51 Tennessee cities Zillow tracks.

Which nearby cities are cheaper to rent in than Ashland City?

Nearby cities with lower median rent than Ashland City ($1,626/mo) include Clarksville ($1,372/mo), and Springfield ($1,534/mo).
Income Affordability
25%
AFFORDABLE

At $1,626/mo, rent takes ~25% of Ashland City's median household income ($79,231/yr). The standard benchmark is 30%.

Ashland City 25%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Ashland City, TN

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