City Report · TN

Hendersonville

Pop. 63,091·32nd most expensive in Tennessee·Hendersonville rents are up 7.0% over the past year
Median rent (all units)
$1,678/mo
Year-over-Year
+7.0%
Month-over-Month
+1.1%
vs US Median
-$287
Rising (Monthly)
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Most AffordableMost Expensive
Hendersonville · $1,678
More affordable than 63% of US cities · National median $1,965/mo
Rent Reality Score
68/100
Good value
OverheatedFairGreat value

Rents are 9% below what Hendersonville's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,678/mo
Expected by trend
$1,842/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
Research median
$1,890/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: July 20, 2026

Annual cost
$20,136/yr
At $1,678/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.0% YoY, +1.1% MoM), not inventory.
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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
$1,315 → $1,678
up 27.6%
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 $1,315 a month. That figure now sits near $1,678, up 27.6% from the 2021 baseline. Census figures show median household income at $97,200 today, compared with $78,067 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. 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 $1,678/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: July 20, 2026

The median rent in Hendersonville is $1,678/mo as of July 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 21% of local median household income ($97,200/yr), Hendersonville ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.0% over the past year.

FAQ

Frequently asked questions

Is Hendersonville an affordable city for renters?

Hendersonville is considered very affordable for renters. At $1,678/mo, rent takes approximately 21% of the local median household income ($97,200/yr). The standard benchmark is 30%. Hendersonville falls comfortably within that range.

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 $67,000/year (~$32/hour full-time) to afford the median rent of $1,678/mo in Hendersonville. The local median household income is $97,200/yr, meaning the typical Hendersonville household meets that threshold.

Is rent going up or down in Hendersonville?

Rent in Hendersonville has increased 7.0% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Hendersonville rent compare to other cities in Tennessee?

Hendersonville is middle-of-the-pack for Tennessee for rent, ranking #32 out of 65 tracked cities at $1,678/mo.

Which nearby cities are cheaper to rent in than Hendersonville?

Several nearby cities have lower median rents than Hendersonville ($1,678/mo): Gallatin ($1,633/mo), Goodlettsville ($1,648/mo).

What percentage of Hendersonville residents rent vs. own?

According to Census data, approximately 28.3% of Hendersonville households are renters, while 71.7% are owner-occupied. Hendersonville leans toward homeownership, which can mean a smaller rental inventory.

How does Hendersonville rent compare to the national average?

Hendersonville's median rent of $1,678/mo is $287 (15%) below the US national median of $1,965/mo. Within Tennessee, it ranks #32 out of 65 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $1,678/mo, rent takes ~21% of Hendersonville's median household income ($97,200/yr). The standard benchmark is 30%.

Hendersonville 21%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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