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City Report · TN

Smyrna

Pop. 56,692·30th most expensive in Tennessee·Rental market data updated monthly for Smyrna, TN
Median rent (all units)
$1,693/mo
Year-over-Year
+3.7%
Month-over-Month
+1.4%
vs US Median
-$272
Rising (Monthly)
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Most AffordableMost Expensive
Smyrna · $1,693
More affordable than 62% of US cities · National median $1,965/mo
Rent Reality Score
74/100
Good value
OverheatedFairGreat value

Rents are 12% below what Smyrna's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,693/mo
Expected by trend
$1,920/mo
The Rent Reality Score compares today's median rent to where Smyrna's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,450
1 BR
$1,510
2 BR
$1,670
3 BR
$2,110
4 BR+
$2,600
Research median
$1,670/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
$20,316/yr
At $1,693/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.7% YoY, +1.4% MoM), not inventory.
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Demographics

Who lives here

Smyrna, TN is majority owner-occupied, 27.8% of residents hold a bachelor's degree or higher.

Population
56,692
Median income
$81,926
Median age
34.1
Renters
42.6%
Age distribution
25%
26.1%
27.6%
Under 1825%
18–3426.1%
35–5427.6%
55–6410.3%
65+10.9%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
55.5%
19.4%
17.7%
White55.5%
Black19.4%
Hispanic17.7%
Asian5.1%
Other2.3%
Education (25+)
31.1%
30.2%
27.8%
No HS diploma10.9%
HS diploma31.1%
Some college30.2%
Bachelor's+27.8%
Housing tenure
57.4%
42.6%
Owner57.4%
Renter42.6%

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

2021 vs 2026

How Smyrna, TN has changed in 5 years

Rent
$1,325 → $1,693
up 27.8%
Income
$70,879 → $81,926
up 15.6%
Population
52,401 → 56,692
up 8.2%
Renter share
44.5% → 42.6%
-1.9 pts
Bachelor's+
25.8% → 27.8%
+2.0 pts

Five years ago, renters in Smyrna, TN paid around $1,325 a month. That figure now sits near $1,693, up 27.8% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $70,879 in 2021 to $81,926 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Smyrna, TN adding about 4,291 residents over the five-year window, up 8.2% on net. The renter share has eased from 44.5% to 42.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 25.8% to 27.8% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Smyrna, TN market of 2021.

Community

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

Can you afford rent in Smyrna on your salary?

At $1,693/mo, how Smyrna rent compares to typical pay (30% rule).

By apartment size

Smyrna rent by bedroom count

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

Local insights

Tips for renters in Smyrna

About renting in Smyrna, TN

Last updated: July 20, 2026

The median rent in Smyrna is $1,693/mo as of July 2026. A studio apartment averages $1,450/mo while a 2-bedroom runs $1,670/mo. One-bedroom apartments average $1,510/mo and 3-bedroom units go for $2,110/mo.

At 25% of local median household income ($81,926/yr), Smyrna ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.

FAQ

Frequently asked questions

Is Smyrna an affordable city for renters?

Smyrna is considered affordable for renters. At $1,693/mo, rent takes approximately 25% of the local median household income ($81,926/yr). The standard benchmark is 30%. Smyrna falls comfortably within that range.

How much income do you need to rent in Smyrna?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (~$33/hour full-time) to afford the median rent of $1,693/mo in Smyrna. The local median household income is $81,926/yr, meaning the typical Smyrna household meets that threshold.

Is rent going up or down in Smyrna?

Rent in Smyrna has increased 3.7% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Smyrna rent compare to other cities in Tennessee?

Smyrna is middle-of-the-pack for Tennessee for rent, ranking #30 out of 65 tracked cities at $1,693/mo.

Which nearby cities are cheaper to rent in than Smyrna?

Murfreesboro is nearby and more affordable at $1,687/mo, which is $6 less than Smyrna.

What percentage of Smyrna residents rent vs. own?

According to Census data, approximately 42.6% of Smyrna households are renters, while 57.4% are owner-occupied. Smyrna leans toward homeownership, which can mean a smaller rental inventory.

How does Smyrna rent compare to the national average?

Smyrna's median rent of $1,693/mo is $272 (14%) below the US national median of $1,965/mo. Within Tennessee, it ranks #30 out of 65 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,693/mo, rent takes ~25% of Smyrna's median household income ($81,926/yr). The standard benchmark is 30%.

Smyrna 25%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Smyrna, TN

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