City Report · TN

Hendersonville

Pop. 63,091·31st most expensive in Tennessee·Rental market data updated monthly for Hendersonville, TN
Median rent (all units)
$1,651/mo
Year-over-Year
+2.2%
Month-over-Month
-0.1%
vs US Median
-$281
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Hendersonville · $1,651
More affordable than 65% of US cities · National median $1,932/mo
Rent Reality Score
70/100
Good value
OverheatedFairGreat value

Rents are 10% below what Hendersonville's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,651/mo
Expected by trend
$1,835/mo
The Rent Reality Score compares today's median rent to where Hendersonville's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,640
1 BR
$1,710
2 BR
$1,890
3 BR
$2,390
4 BR+
$2,940
Fair Market Rent (HUD)
$1,890/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,651 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

Cheapest month to sign

January. Asking rents in Hendersonville usually run 0.9% below trend in January and 0.7% above it in June, about $26 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in Hendersonville is 0.1% below its high of $1,653 in August 2026, at $1,651 as of September 2026.

Past year vs. the rest of Tennessee

Rent in Hendersonville changed +2.2% over the year to September 2026. Across the 51 Tennessee cities Zillow tracks, the typical change was +2.0%.

Rent vs. income since 2019

From 2019 to 2024, rent in Hendersonville rose 34.7% while median household income rose 34% ($72,539 to $97,200). Rent outpaced income.

Since before the pandemic

Rent in Hendersonville is 33.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($97,200) is $2,430 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,390); a 4-bedroom is $2,940.

From Zillow's monthly rent index (ZORI) for Hendersonville. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,812/yr
At $1,651/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.2% YoY, -0.1% MoM), not inventory.
Rent check

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Demographics

Who lives here

Hendersonville, TN is majority owner-occupied, has a median income above the national average, 43.9% of residents hold a bachelor's degree or higher.

Population
63,091
Median income
$97,200
Median age
40.3
Renters
28.3%
Age distribution
22.5%
19.2%
27.7%
13.4%
17.2%
Under 1822.5%
18–3419.2%
35–5427.7%
55–6413.4%
65+17.2%
Gender
46.8%
53.2%
Male46.8%
Female53.2%
Race & ethnicity
79.7%
White79.7%
Black9.4%
Hispanic7.2%
Asian2.2%
Other1.5%
Education (25+)
20.3%
30.9%
43.9%
No HS diploma4.9%
HS diploma20.3%
Some college30.9%
Bachelor's+43.9%
Housing tenure
71.7%
28.3%
Owner71.7%
Renter28.3%

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

2021 vs 2026

How Hendersonville, TN has changed in 5 years

Rent
$1,307 → $1,651
up 26.3%
Income
$78,067 → $97,200
up 24.5%
Population
60,628 → 63,091
up 4.1%
Renter share
27.8% → 28.3%
+0.5 pts
Bachelor's+
39.6% → 43.9%
+4.3 pts

Five years ago, renters in Hendersonville, TN paid around $1,307 a month. That figure now sits near $1,651, up 26.3% from the 2021 baseline. Census figures show median household income at $97,200 today, compared with $78,067 five years earlier. Census counts show Hendersonville, TN adding about 2,463 residents over the five-year window, up 4.1% on net. Bachelor's-degree-or-higher attainment moved from 39.6% to 43.9% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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

Can you afford rent in Hendersonville on your salary?

At $1,651/mo, how Hendersonville rent compares to typical pay (30% rule).

By apartment size

Hendersonville rent by bedroom count

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

Local insights

Tips for renters in Hendersonville

About renting in Hendersonville, TN

Last updated: October 17, 2026

The median rent in Hendersonville is $1,651/mo as of October 2026. A studio apartment averages $1,640/mo while a 2-bedroom runs $1,890/mo. One-bedroom apartments average $1,710/mo and 3-bedroom units go for $2,390/mo.

At 20% of local median household income ($97,200/yr), Hendersonville ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Hendersonville?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,651/mo in Hendersonville. The local median household income is $97,200/yr, so the typical household meets that bar.

Is rent going up or down in Hendersonville?

Rent in Hendersonville has risen 2.2% over the past year as of September 2026. It sits 0.1% below its high of $1,653 in August 2026.

When is the cheapest time to rent in Hendersonville?

Asking rents in Hendersonville are usually lowest in January, about 0.9% below their yearly trend, and highest in June, about 0.7% above it. At today's median that is a gap of roughly $26 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in Hendersonville?

Yes. From 2019 to 2024, rent in Hendersonville rose 34.7% while median household income rose 34%, from $72,539 to $97,200. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does Hendersonville rent compare to other cities in Tennessee?

Hendersonville is in the middle among Tennessee cities for rent, ranking #31 of 66 tracked cities at $1,651/mo. Over the year to September 2026, rent in Hendersonville changed +2.2%, against a typical +2.0% across the 51 Tennessee cities Zillow tracks.
Income Affordability
20%
VERY AFFORDABLE

At $1,651/mo, rent takes ~20% of Hendersonville's median household income ($97,200/yr). The standard benchmark is 30%.

Hendersonville 20%Benchmark 30%
State income taxNone
Run the Hendersonville affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Hendersonville, TN

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