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City Report · TN

Thompsons Station

Pop. 8,294·3rd most expensive in Tennessee·Thompsons Station rents are up 13.3% over the past year
Median rent (all units)
$2,281/mo
Year-over-Year
+13.3%
Month-over-Month
Stable
vs US Median
+$316
Stable (Monthly)
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Most AffordableMost Expensive
Thompsons Station · $2,281
More expensive than 72% of US cities · National median $1,965/mo
Affordability
38% of income
MODERATE
0%30% benchmark60%+

At $2,281/mo, rent takes about 38% of the US median household income, slightly above the 30% benchmark.

Income to afford
$91,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Thompsons Station's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,823
1 BR
$1,893
2 BR
$2,094
3 BR
$2,645
4 BR+
$3,258
Research median
$2,094/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
$27,372/yr
At $2,281/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 13.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+13.3% YoY, +0.1% MoM), not inventory.
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Demographics

Who lives here

Thompsons Station, TN is majority owner-occupied, has a large share of families with children, 61.9% of residents hold a bachelor's degree or higher.

Population
8,294
Median age
38.5
Renters
18.7%
Age distribution
26.9%
16.6%
34.8%
12.4%
Under 1826.9%
18–3416.6%
35–5434.8%
55–649.4%
65+12.4%
Gender
52.5%
47.5%
Male52.5%
Female47.5%
Race & ethnicity
85.7%
White85.7%
Hispanic4.3%
Asian6.1%
Other3.7%
Education (25+)
18.3%
16.9%
61.9%
No HS diploma2.9%
HS diploma18.3%
Some college16.9%
Bachelor's+61.9%
Housing tenure
81.3%
18.7%
Owner81.3%
Renter18.7%

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

2021 vs 2026

How Thompsons Station, TN has changed in 5 years

Population
7,011 → 8,294
up 18.3%
Renter share
25.9% → 18.7%
-7.2 pts
Bachelor's+
58% → 61.9%
+3.9 pts
Median age
36.5 → 38.5
+2.0 yrs

Headcount in the area went from 7,011 to 8,294 between 2021 and 2024, a 18.3% change. About 18.7% of households rent today, against 25.9% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 58% to 61.9%.

Community

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View Thompsons Station rent history (2015–2026) →
Salary vs rent

Can you afford rent in Thompsons Station on your salary?

At $2,281/mo, how Thompsons Station rent compares to typical pay (30% rule).

By apartment size

Thompsons Station rent by bedroom count

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

Local insights

Tips for renters in Thompsons Station

About renting in Thompsons Station, TN

Last updated: July 20, 2026

The median rent in Thompsons Station is $2,281/mo as of July 2026. A studio apartment averages $1,823/mo while a 2-bedroom runs $2,094/mo. One-bedroom apartments average $1,893/mo and 3-bedroom units go for $2,645/mo.

At 38% of estimated US median household income ($72,000/yr), Thompsons Station ranks as moderate compared to the national benchmark of 30%. Rents have increased 13.3% over the past year.

FAQ

Frequently asked questions

Is Thompsons Station an affordable city for renters?

Thompsons Station is considered moderate for renters. At $2,281/mo, rent takes approximately 38% of the US median household income ($72,000/yr). The standard benchmark is 30%. Thompsons Station slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Thompsons Station?

To keep rent at or below 30% of gross income, you would need to earn at least $91,000/year (~$44/hour full-time) to afford the median rent of $2,281/mo in Thompsons Station.

Is rent going up or down in Thompsons Station?

Rent in Thompsons Station has increased 13.3% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Thompsons Station rent compare to other cities in Tennessee?

Thompsons Station is one of the pricier cities in Tennessee for rent, ranking #3 out of 65 tracked cities at $2,281/mo.

Which nearby cities are cheaper to rent in than Thompsons Station?

Several nearby cities have lower median rents than Thompsons Station ($2,281/mo): Columbia ($1,580/mo), Nashville ($1,825/mo), Spring Hill ($2,030/mo).

What percentage of Thompsons Station residents rent vs. own?

According to Census data, approximately 18.7% of Thompsons Station households are renters, while 81.3% are owner-occupied. Thompsons Station leans toward homeownership, which can mean a smaller rental inventory.

How does Thompsons Station rent compare to the national average?

Thompsons Station's median rent of $2,281/mo is $316 (16%) above the US national median of $1,965/mo. Within Tennessee, it ranks #3 out of 65 tracked cities.
Income Affordability
38%
MODERATE

At $2,281/mo, rent takes ~38% of US median household income ($72,000/yr). The standard benchmark is 30%.

Thompsons Station 38%Benchmark 30%
State income taxNone
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Neighborhoods

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Schools nearby

Public schools near Thompsons Station, TN

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