City Report · TN

Smyrna

Pop. 56,692·23rd most expensive in Tennessee·Rental market data updated monthly for Smyrna, TN
Median rent (all units)
$1,712/mo
Year-over-Year
+2.6%
Month-over-Month
+0.4%
vs US Median
-$220
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Smyrna · $1,712
More affordable than 60% of US cities · National median $1,932/mo
Rent Reality Score
73/100
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
$1,712/mo
Expected by trend
$1,936/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
Fair Market Rent (HUD)
$1,670/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,712 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

December. Asking rents in Smyrna usually run 1.6% below trend in December and 1.3% above it in September, about $50 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in Smyrna is at its highest level since Zillow's records here began in June 2018.

Past year vs. the rest of Tennessee

Rent in Smyrna changed +2.6% 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 Smyrna rose 39.8% while median household income rose 30.8% ($62,635 to $81,926). Rent outpaced income.

Since before the pandemic

Rent in Smyrna is 35.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($81,926) is $2,048 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,670); a 3-bedroom is $2,110.

From Zillow's monthly rent index (ZORI) for Smyrna. 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
$20,544/yr
At $1,712/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.6% YoY, +0.4% 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
$1,332 → $1,712
up 28.5%
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 $1,332 a month. That figure now sits near $1,712, up 28.5% 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 $1,712/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: October 17, 2026

The median rent in Smyrna is $1,712/mo as of October 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 2.6% over the past year.

FAQ

Frequently asked questions

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 (about $33/hour full-time) to afford the median rent of $1,712/mo in Smyrna. The local median household income is $81,926/yr, so the typical household meets that bar.

Is rent going up or down in Smyrna?

Rent in Smyrna has risen 2.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in June 2018.

When is the cheapest time to rent in Smyrna?

Asking rents in Smyrna are usually lowest in December, about 1.6% below their yearly trend, and highest in September, about 1.3% above it. At today's median that is a gap of roughly $50 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in Smyrna?

Yes. From 2019 to 2024, rent in Smyrna rose 39.8% while median household income rose 30.8%, from $62,635 to $81,926. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does Smyrna rent compare to other cities in Tennessee?

Smyrna is in the middle among Tennessee cities for rent, ranking #23 of 66 tracked cities at $1,712/mo. Over the year to September 2026, rent in Smyrna changed +2.6%, against a typical +2.0% across the 51 Tennessee cities Zillow tracks.

Which nearby cities are cheaper to rent in than Smyrna?

Nearby cities with lower median rent than Smyrna ($1,712/mo) include Murfreesboro ($1,679/mo).
Income Affordability
25%
AFFORDABLE

At $1,712/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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