The Tennessee rental market
Tennessee tracks median rent across 65 cities, ranging from Dyersburg at $757/mo to Germantown at $2,533/mo. The state average of $1,659/mo runs about 16% below the national median of $1,965/mo.
Across Tennessee cities, rents are rising, changing an average of +5.2% over the past year. 15 of 72 tracked cities are priced above the national median, while 57 fall below it. The largest rental markets are Nashville, Memphis, Knoxville.
Tennessee rent questions
What is the average rent in Tennessee?
The average median rent across 65 tracked cities in Tennessee is $1,659/mo, about 16% below the national median of $1,965/mo.
Which Tennessee city has the highest rent?
Germantown has the highest median rent in Tennessee at $2,533/mo.
Which Tennessee city has the most affordable rent?
Dyersburg is the most affordable tracked city in Tennessee, with a median rent of $757/mo.
Are rents rising or falling in Tennessee?
Across Tennessee cities, median rents are rising, changing an average of +5.2% over the past year.
How does Tennessee rent compare to the rest of the country?
15 of 72 tracked Tennessee cities have a median rent above the national median of $1,965/mo, and 57 fall below it.
What are the largest rental markets in Tennessee?
By population, the largest rental markets in Tennessee are Nashville, Memphis, Knoxville. Each has its own rent data, trends, and ZIP-level breakdowns on RentDataNow.