At $2,156/mo, rent takes about 37% of the local median household income, slightly above the 30% benchmark.
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 $2,156 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: October 17, 2026
What the numbers show
30% of the median household income ($70,246) is $1,756 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,504); a 3-bedroom is $1,904.
From Zillow's monthly rent index (ZORI) for Collegedale. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Collegedale, TN has changed in 5 years
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%.
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At $2,156/mo, how Collegedale rent compares to typical pay (30% rule).
Collegedale rent by bedroom count
Median rent for each apartment size in Collegedale. Click any size for full breakdown.
Tips for renters in Collegedale
Last updated: October 17, 2026
The median rent in Collegedale is $2,156/mo as of October 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 37% of local median household income ($70,246/yr), Collegedale ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
How much income do you need to rent in Collegedale?
Is rent going up or down in Collegedale?
How does Collegedale rent compare to other cities in Tennessee?
Which nearby cities are cheaper to rent in than Collegedale?
At $2,156/mo, rent takes ~37% of Collegedale's median household income ($70,246/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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