City Report · TN

Mount Juliet

Pop. 42,073·6th most expensive in Tennessee·Rental market data updated monthly for Mount Juliet, TN
Median rent (all units)
$2,124/mo
Year-over-Year
+2.5%
Month-over-Month
+0.1%
vs US Median
+$192
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Mount Juliet · $2,124
More expensive than 66% of US cities · National median $1,932/mo
Rent Reality Score
65/100
Good value
OverheatedFairGreat value

Rents are 8% below what Mount Juliet's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,124/mo
Expected by trend
$2,299/mo
The Rent Reality Score compares today's median rent to where Mount Juliet's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,030
1 BR
$2,100
2 BR
$2,330
3 BR
$2,940
4 BR+
$3,620
Fair Market Rent (HUD)
$2,330/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,124 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

November. Asking rents in Mount Juliet usually run 1.1% below trend in November and 0.8% above it in April, about $40 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in Mount Juliet is at its highest level since Zillow's records here began in January 2016.

Past year vs. the rest of Tennessee

Rent in Mount Juliet changed +2.5% 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 Mount Juliet rose 37% while median household income rose 17.3% ($91,303 to $107,068). Rent outpaced income.

Since before the pandemic

Rent in Mount Juliet is 38.9% 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 ($107,068) is $2,677 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,330); a 3-bedroom is $2,940.

Cheaper nearby

Lebanon, 11 miles away, rents for 24% less ($1,613/mo), about $6,100 a year in savings.

From Zillow's monthly rent index (ZORI) for Mount Juliet. 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
$25,488/yr
At $2,124/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.5% YoY, +0.1% MoM), not inventory.
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Demographics

Who lives here

Mount Juliet, TN is majority owner-occupied, has a large share of families with children, has a median income above the national average, 49.5% of residents hold a bachelor's degree or higher.

Population
42,073
Median income
$107,068
Median age
39.3
Renters
27.9%
Age distribution
26.4%
17.5%
31.2%
13.2%
Under 1826.4%
18–3417.5%
35–5431.2%
55–6411.7%
65+13.2%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
77.1%
White77.1%
Black7.3%
Hispanic7.4%
Asian5%
Other3.2%
Education (25+)
19.8%
27.4%
49.5%
No HS diploma3.2%
HS diploma19.8%
Some college27.4%
Bachelor's+49.5%
Housing tenure
72.1%
27.9%
Owner72.1%
Renter27.9%

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

2021 vs 2026

How Mount Juliet, TN has changed in 5 years

Rent
$1,622 → $2,124
up 30.9%
Income
$98,628 → $107,068
up 8.6%
Population
38,059 → 42,073
up 10.5%
Renter share
24.2% → 27.9%
+3.7 pts
Bachelor's+
46% → 49.5%
+3.5 pts
Median age
38.4 → 39.3
+0.9 yrs

Since 2021, the typical rent in Mount Juliet, TN has climbed from $1,622 to $2,124, a 30.9% change over five years. On the earnings side, the typical household in Mount Juliet, TN now reports about $107,068, up from $98,628 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 10.5% since 2021, moving from about 38,059 residents to roughly 42,073. Renters now make up 27.9% of households, compared with 24.2% five years ago. College-educated residents now make up 49.5% of adults here, versus 46% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Mount Juliet, TN reflects that arc in its own way.

Community

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View Mount Juliet rent history (2015–2026) →
Salary vs rent

Can you afford rent in Mount Juliet on your salary?

At $2,124/mo, how Mount Juliet rent compares to typical pay (30% rule).

By apartment size

Mount Juliet rent by bedroom count

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

Local insights

Tips for renters in Mount Juliet

About renting in Mount Juliet, TN

Last updated: October 17, 2026

The median rent in Mount Juliet is $2,124/mo as of October 2026. A studio apartment averages $2,030/mo while a 2-bedroom runs $2,330/mo. One-bedroom apartments average $2,100/mo and 3-bedroom units go for $2,940/mo.

At 24% of local median household income ($107,068/yr), Mount Juliet ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Mount Juliet?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (about $41/hour full-time) to afford the median rent of $2,124/mo in Mount Juliet. The local median household income is $107,068/yr, so the typical household meets that bar.

Is rent going up or down in Mount Juliet?

Rent in Mount Juliet has risen 2.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2016.

When is the cheapest time to rent in Mount Juliet?

Asking rents in Mount Juliet are usually lowest in November, about 1.1% below their yearly trend, and highest in April, about 0.8% above it. At today's median that is a gap of roughly $40 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in Mount Juliet?

Yes. From 2019 to 2024, rent in Mount Juliet rose 37% while median household income rose 17.3%, from $91,303 to $107,068. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does Mount Juliet rent compare to other cities in Tennessee?

Mount Juliet is one of the pricier among Tennessee cities for rent, ranking #6 of 66 tracked cities at $2,124/mo. Over the year to September 2026, rent in Mount Juliet changed +2.5%, against a typical +2.0% across the 51 Tennessee cities Zillow tracks.

Which nearby cities are cheaper to rent in than Mount Juliet?

Nearby cities with lower median rent than Mount Juliet ($2,124/mo) include Lebanon ($1,613/mo), Hendersonville ($1,651/mo), and Smyrna ($1,712/mo).
Income Affordability
24%
VERY AFFORDABLE

At $2,124/mo, rent takes ~24% of Mount Juliet's median household income ($107,068/yr). The standard benchmark is 30%.

Mount Juliet 24%Benchmark 30%
State income taxNone
Run the Mount Juliet affordability calculator →
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Neighborhoods

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Public schools near Mount Juliet, TN

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