How much does it cost to rent in Millington, TN?

As of July 2026, the median monthly rent in Millington, TN is $1,599. This figure is based on aggregated data from public sources and community-submitted rents.

Is Millington cheaper than other Tennessee cities?

Millington falls in the middle range for Tennessee, ranking #37 out of 65 cities at $1,599/mo.

When was Millington rent data last updated?

Millington rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · TN

Millington

Name: Average Rent Prices in Millington, TN
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 11,289·37th most expensive in Tennessee·Rental market data updated monthly for Millington, TN

Median rent (all units)

$1,599/mo

Year-over-Year

+3.0%

Month-over-Month

+6.9%

vs US Median

-$366

Rising (Monthly)

Be the first to discuss Millington rents ↓

Most AffordableMost Expensive

Millington · $1,599

More affordable than 69% of US cities · National median $1,965/mo

Rent Reality Score

55/100

Fairly priced

OverheatedFairGreat value

Rents are 2% below what Millington's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$1,599/mo

Expected by trend

$1,636/mo

The Rent Reality Score compares today's median rent to where Millington's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,120

1 BR

$1,220

2 BR

$1,370

3 BR

$1,800

4 BR+

$2,110

Research median

$1,370/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$19,188/yr

At $1,599/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 3.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+3.0% YoY, +6.9% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Millington, TN is majority owner-occupied, has a median income below the national average, 18.8% of residents hold a bachelor's degree or higher.

Population

11,289

Median income

$49,979

Median age

37.6

Renters

42.2%

Age distribution

23.8%

22.4%

19.9%

16.8%

17.1%

Under 1823.8%

18–3422.4%

35–5419.9%

55–6416.8%

65+17.1%

Gender

47.4%

52.6%

Male47.4%

Female52.6%

Race & ethnicity

50.8%

34.1%

White50.8%

Black34.1%

Hispanic9.8%

Asian3.2%

Other2.1%

Education (25+)

36.4%

34.4%

18.8%

No HS diploma10.4%

HS diploma36.4%

Some college34.4%

Bachelor's+18.8%

Housing tenure

57.8%

42.2%

Owner57.8%

Renter42.2%

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

2023 vs 2026

How Millington, TN has changed in 5 years

Rent

$1,337 → $1,599

up 19.6%

Income

$49,196 → $49,979

up 1.6%

Population

10,583 → 11,289

up 6.7%

Renter share

37.9% → 42.2%

+4.3 pts

Bachelor's+

18% → 18.8%

+0.8 pts

Median age

38.2 → 37.6

-0.6 yrs

The median rent in Millington, TN stood at $1,337 in 2023 and currently runs about $1,599, reflecting a 19.6% increase over the period. On the earnings side, the typical household in Millington, TN now reports about $49,979, up from $49,196 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 6.7% since 2021, moving from about 10,583 residents to roughly 11,289. Renters now make up 42.2% of households, compared with 37.9% five years ago. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and Millington, TN reflects that arc in its own way.

Community

Discussions about Millington

No discussions yet. Start the conversation.

View Millington rent history (2015–2026) →

Salary vs rent

Can you afford rent in Millington on your salary?

At $1,599/mo, how Millington rent compares to typical pay (30% rule).

Registered Nurse

Avg $86,922/yr · Rent = 22.1% income

affordable

Elementary School Teacher

Avg $61,714/yr · Rent = 31.1% income

stretched

Police Officer

Avg $71,088/yr · Rent = 27% income

affordable

Software Developer

Avg $127,061/yr · Rent = 15.1% income

very comfortable

Lawyer

Avg $162,352/yr · Rent = 11.8% income

very comfortable

Firefighter

Avg $57,785/yr · Rent = 33.2% income

stretched

Truck Driver

Avg $52,173/yr · Rent = 36.8% income

stretched

Electrician

Avg $64,308/yr · Rent = 29.8% income

affordable

By apartment size

Millington rent by bedroom count

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

Local insights

Tips for renters in Millington

About renting in Millington, TN

Last updated: July 20, 2026

The median rent in Millington is $1,599/mo as of July 2026. A studio apartment averages $1,120/mo while a 2-bedroom runs $1,370/mo. One-bedroom apartments average $1,220/mo and 3-bedroom units go for $1,800/mo.

At 38% of local median household income ($49,979/yr), Millington ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

Is Millington an affordable city for renters?

Millington is considered moderate for renters. At $1,599/mo, rent takes approximately 38% of the local median household income ($49,979/yr). The standard benchmark is 30%. Millington slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Millington?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (~$31/hour full-time) to afford the median rent of $1,599/mo in Millington. The local median household income is $49,979/yr, meaning the typical Millington household falls short of that threshold.

Is rent going up or down in Millington?

Rent in Millington has increased 3.0% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Millington rent compare to other cities in Tennessee?

Millington is middle-of-the-pack for Tennessee for rent, ranking #37 out of 65 tracked cities at $1,599/mo.

Which nearby cities are cheaper to rent in than Millington?

Memphis is nearby and more affordable at $1,280/mo, which is $319 less than Millington.

What percentage of Millington residents rent vs. own?

According to Census data, approximately 42.2% of Millington households are renters, while 57.8% are owner-occupied. Millington leans toward homeownership, which can mean a smaller rental inventory.

How does Millington rent compare to the national average?

Millington's median rent of $1,599/mo is $366 (19%) below the US national median of $1,965/mo. Within Tennessee, it ranks #37 out of 65 tracked cities.

Income Affordability

38%

MODERATE

At $1,599/mo, rent takes ~38% of Millington's median household income ($49,979/yr). The standard benchmark is 30%.

Millington 38%Benchmark 30%

State income taxNone

Run the Millington affordability calculator →

Nearby cities