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City Report · TN

Collegedale

Pop. 11,330·28th most expensive in Tennessee·Rental market data updated monthly for Collegedale, TN
Median rent (all units)
$1,673/mo
Year-over-Year
Stable
Month-over-Month
+6.2%
vs US Median
-$292
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Most AffordableMost Expensive
Collegedale · $1,673
More affordable than 60% of US cities · National median $1,965/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $1,673/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$67,000/yr
Local median income
$70,246/yr
Based on the 30%-of-income rule using Collegedale's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

1 BR
$1,384
2 BR
$1,504
3 BR
$1,904
Research median
$1,504/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: March 14, 2026

Annual cost
$20,076/yr
At $1,673/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +6.2% MoM), not inventory.
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Demographics

Who lives here

Collegedale, TN is majority renter-occupied, skews toward younger working-age adults, 50.7% of residents hold a bachelor's degree or higher.

Population
11,330
Median income
$70,246
Median age
36.4
Renters
56%
Age distribution
37.8%
19.8%
13.8%
17.7%
Under 1810.8%
18–3437.8%
35–5419.8%
55–6413.8%
65+17.7%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
71.5%
12.7%
White71.5%
Black9.2%
Hispanic12.7%
Asian5.4%
Other1.2%
Education (25+)
15.7%
26.2%
50.7%
No HS diploma7.4%
HS diploma15.7%
Some college26.2%
Bachelor's+50.7%
Housing tenure
44%
56%
Owner44%
Renter56%

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

2021 vs 2026

How Collegedale, TN has changed in 5 years

Income
$64,042 → $70,246
up 9.7%
Population
10,973 → 11,330
up 3.3%
Renter share
58.5% → 56%
-2.5 pts
Bachelor's+
43.5% → 50.7%
+7.2 pts
Median age
32.8 → 36.4
+3.6 yrs

On the earnings side, the typical household in Collegedale, TN now reports about $70,246, up from $64,042 in 2021. Headcount in the area went from 10,973 to 11,330 between 2021 and 2024, a 3.3% change. About 56% of households rent today, against 58.5% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 43.5% to 50.7%.

Community

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View Collegedale rent history (2015–2026) →
Salary vs rent

Can you afford rent in Collegedale on your salary?

At $1,673/mo, how Collegedale rent compares to typical pay (30% rule).

By apartment size

Collegedale rent by bedroom count

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

Local insights

Tips for renters in Collegedale

About renting in Collegedale, TN

Last updated: March 14, 2026

The median rent in Collegedale is $1,673/mo as of March 2026. a 2-bedroom runs $1,504/mo. One-bedroom apartments average $1,384/mo and 3-bedroom units go for $1,904/mo.

At 29% of local median household income ($70,246/yr), Collegedale ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Collegedale an affordable city for renters?

Collegedale is considered affordable for renters. At $1,673/mo, rent takes approximately 29% of the local median household income ($70,246/yr). The standard benchmark is 30%. Collegedale falls comfortably within that range.

How much income do you need to rent in Collegedale?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,673/mo in Collegedale. The local median household income is $70,246/yr, meaning the typical Collegedale household meets that threshold.

Is rent going up or down in Collegedale?

Rent in Collegedale has been relatively stable over the past year, with a 0.0% change year over year as of March 2026.

How does Collegedale rent compare to other cities in Tennessee?

Collegedale is middle-of-the-pack for Tennessee for rent, ranking #28 out of 72 tracked cities at $1,673/mo.

Which nearby cities are cheaper to rent in than Collegedale?

Several nearby cities have lower median rents than Collegedale ($1,673/mo): East Ridge ($1,322/mo), Hixson ($1,577/mo), Ringgold ($1,667/mo).

What percentage of Collegedale residents rent vs. own?

According to Census data, approximately 56% of Collegedale households are renters, while 44% are owner-occupied. With a majority renter population, Collegedale has a strong rental market.

How does Collegedale rent compare to the national average?

Collegedale's median rent of $1,673/mo is $292 (15%) below the US national median of $1,965/mo. Within Tennessee, it ranks #28 out of 72 tracked cities.
Income Affordability
29%
AFFORDABLE

At $1,673/mo, rent takes ~29% of Collegedale's median household income ($70,246/yr). The standard benchmark is 30%.

Collegedale 29%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Collegedale, TN

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