How much does it cost to rent in Red Bank, TN?

As of July 2026, the median monthly rent in Red Bank, TN is $1,374. This figure is based on aggregated data from public sources and community-submitted rents.

Is Red Bank cheaper than other Tennessee cities?

Red Bank is among the more affordable cities in Tennessee, ranking #54 out of 65 cities at $1,374/mo.

When was Red Bank rent data last updated?

Red Bank 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

Red Bank

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

Pop. 12,010·54th most expensive in Tennessee·Red Bank rents are up 9.7% over the past year

Median rent (all units)

$1,374/mo

Year-over-Year

+9.7%

Month-over-Month

Stable

vs US Median

-$591

Stable (Monthly)

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Most AffordableMost Expensive

Red Bank · $1,374

More affordable than 83% of US cities · National median $1,965/mo

Affordability

26% of income

AFFORDABLE

0%30% benchmark60%+

At $1,374/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.

Income to afford

$55,000/yr

Local median income

$63,983/yr

Based on the 30%-of-income rule using Red Bank's median rent and household income. See the full affordability breakdown →

Medians by bedroom

Rent by unit size

Studio

$1,110

1 BR

$1,158

2 BR

$1,288

3 BR

$1,622

4 BR+

$1,752

Research median

$1,288/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

$16,488/yr

At $1,374/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 9.7% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+9.7% YoY, +0.0% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Red Bank, TN is majority owner-occupied, skews toward younger working-age adults, has a median income below the national average, 44.5% of residents hold a bachelor's degree or higher.

Population

12,010

Median income

$63,983

Median age

37.9

Renters

44.2%

Age distribution

13.7%

32.2%

26.4%

12.1%

15.6%

Under 1813.7%

18–3432.2%

35–5426.4%

55–6412.1%

65+15.6%

Gender

44.3%

55.7%

Male44.3%

Female55.7%

Race & ethnicity

81.5%

White81.5%

Black6.1%

Hispanic7.7%

Asian1.7%

Other3%

Education (25+)

18.4%

31.6%

44.5%

No HS diploma5.5%

HS diploma18.4%

Some college31.6%

Bachelor's+44.5%

Housing tenure

55.8%

44.2%

Owner55.8%

Renter44.2%

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

2022 vs 2026

How Red Bank, TN has changed in 5 years

Rent

$1,319 → $1,374

up 4.2%

Income

$48,158 → $63,983

up 32.9%

Population

11,855 → 12,010

up 1.3%

Renter share

44.9% → 44.2%

-0.7 pts

Bachelor's+

35.4% → 44.5%

+9.1 pts

The median rent in Red Bank, TN stood at $1,319 in 2022 and currently runs about $1,374, reflecting a 4.2% increase over the period. Census figures show median household income at $63,983 today, compared with $48,158 five years earlier. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 1.3% since 2021, moving from about 11,855 residents to roughly 12,010. College-educated residents now make up 44.5% of adults here, versus 35.4% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

Discussions about Red Bank

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View Red Bank rent history (2015–2026) →

Salary vs rent

Can you afford rent in Red Bank on your salary?

At $1,374/mo, how Red Bank rent compares to typical pay (30% rule).

Registered Nurse

Avg $86,922/yr · Rent = 19% income

very comfortable

Elementary School Teacher

Avg $61,714/yr · Rent = 26.7% income

affordable

Police Officer

Avg $71,088/yr · Rent = 23.2% income

affordable

Software Developer

Avg $127,061/yr · Rent = 13% income

very comfortable

Lawyer

Avg $162,352/yr · Rent = 10.2% income

very comfortable

Firefighter

Avg $57,785/yr · Rent = 28.5% income

affordable

Truck Driver

Avg $52,173/yr · Rent = 31.6% income

stretched

Electrician

Avg $64,308/yr · Rent = 25.6% income

affordable

By apartment size

Red Bank rent by bedroom count

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

Local insights

Tips for renters in Red Bank

About renting in Red Bank, TN

Last updated: July 20, 2026

The median rent in Red Bank is $1,374/mo as of July 2026. A studio apartment averages $1,110/mo while a 2-bedroom runs $1,288/mo. One-bedroom apartments average $1,158/mo and 3-bedroom units go for $1,622/mo.

At 26% of local median household income ($63,983/yr), Red Bank ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.7% over the past year.

FAQ

Frequently asked questions

Is Red Bank an affordable city for renters?

Red Bank is considered affordable for renters. At $1,374/mo, rent takes approximately 26% of the local median household income ($63,983/yr). The standard benchmark is 30%. Red Bank falls comfortably within that range.

How much income do you need to rent in Red Bank?

To keep rent at or below 30% of gross income, you would need to earn at least $55,000/year (~$26/hour full-time) to afford the median rent of $1,374/mo in Red Bank. The local median household income is $63,983/yr, meaning the typical Red Bank household meets that threshold.

Is rent going up or down in Red Bank?

Rent in Red Bank has increased 9.7% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Red Bank neighborhoods have the lowest rent?

The most affordable ZIP codes in Red Bank are 37415 ($1,385/mo), and 37405 ($1,536/mo). Citywide, the median rent in Red Bank is $1,374/mo.

How does Red Bank rent compare to other cities in Tennessee?

Red Bank is one of the more affordable cities in Tennessee for rent, ranking #54 out of 65 tracked cities at $1,374/mo.

Which nearby cities are cheaper to rent in than Red Bank?

Several nearby cities have lower median rents than Red Bank ($1,374/mo): Fort Oglethorpe ($1,097/mo), East Ridge ($1,322/mo).

What percentage of Red Bank residents rent vs. own?

According to Census data, approximately 44.2% of Red Bank households are renters, while 55.8% are owner-occupied. Red Bank leans toward homeownership, which can mean a smaller rental inventory.

How does Red Bank rent compare to the national average?

Red Bank's median rent of $1,374/mo is $591 (30%) below the US national median of $1,965/mo. Within Tennessee, it ranks #54 out of 65 tracked cities.

Income Affordability

26%

AFFORDABLE

At $1,374/mo, rent takes ~26% of Red Bank's median household income ($63,983/yr). The standard benchmark is 30%.

Red Bank 26%Benchmark 30%

State income taxNone

Run the Red Bank affordability calculator →

Nearby cities