Rents are 8% below what Cordova'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 $1,692 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
December. Asking rents in Cordova usually run 1.1% below trend in December and 0.8% above it in June, about $32 a month apart at today's median. Based on 11 years of data.
Rent in Cordova is 1.1% below its high of $1,710 in March 2026, at $1,692 as of September 2026.
Rent in Cordova changed -0.6% over the year to September 2026. Across the 51 Tennessee cities Zillow tracks, the typical change was +2.0%.
Rent in Cordova is 34.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 2 months in a row, and rose in 4 of the last 12 months.
Memphis, 11 miles away, rents for 26% less ($1,259/mo), about $5,200 a year in savings.
From Zillow's monthly rent index (ZORI) for Cordova. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series.
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How Cordova, TN has changed in 5 years
Five years ago, renters in Cordova, TN paid around $1,419 a month. That figure now sits near $1,692, up 19.2% from the 2021 baseline. Taken together, the five-year picture in Cordova, 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 Cordova on your salary?
At $1,692/mo, how Cordova rent compares to typical pay (30% rule).
Cordova rent by bedroom count
Median rent for each apartment size in Cordova. Click any size for full breakdown.
Tips for renters in Cordova
Last updated: October 17, 2026
The median rent in Cordova is $1,692/mo as of October 2026. A studio apartment averages $1,420/mo while a 2-bedroom runs $1,740/mo. One-bedroom apartments average $1,550/mo and 3-bedroom units go for $2,290/mo.
At 28% of estimated US median household income ($72,000/yr), Cordova ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.6% over the past year.
Frequently asked questions
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How does Cordova rent compare to other cities in Tennessee?
At $1,692/mo, rent takes ~28% of US median household income ($72,000/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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