Morristown, TN Rent Report
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Morristown, TN, offers a vibrant metro atmosphere where historic charm meets modern convenience. Situated in the heart of Hamblen County, the city is known for its friendly neighborhoods, bustling downtown district, and easy access to outdoor recreation at nearby Panther Creek State Park and the Morristown Green. Residents enjoy a blend of cultural attractions, such as the historic Roxy Theatre, a growing culinary scene, and community events that foster a strong sense of belonging. The cityâs strategic location near major highways makes commuting to nearby Knoxville and the Tri-Cities region both simple and efficient.
The rental market in Morristown reflects a balanced mix of housing options, from singleâfamily homes to a variety of apartment communities. Oneâbedroom apartments typically rent in the $1100s, with median rates hovering just above $1,090, while twoâbedroom units are commonly found in the $1200s, medianing around $1,210. Larger threeâbedroom apartments command rates in the $1700s, with median figures close to $1,660, offering ample space for families or professionals seeking extra room. Popular rental neighborhoods include the historic downtown corridor, the modern developments around Morristown Center, and the familyâfriendly subdivisions of Crockett and Gibson Hill, each providing easy access to schools, shopping, and entertainment.
Whether youâre a young professional, a growing family, or a retiree looking for a comfortable, wellâconnected community, Morristownâs rental market delivers diverse choices and a welcoming environment. With its blend of affordable pricing, convenient amenities, and a strong sense of community, Morristown remains a soughtâafter destination for renters seeking quality living in a thriving Tennessee metro area.
Morristown, TN Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,095 | $1,093 | $700 – $1,700 | $1,068 – $1,099 |
| Apartment | 2 Bedroom | $1,227 | $1,225 | $850 – $1,575 | $1,125 – $1,298 |
| Apartment | 3 Bedroom | $1,911 | $1,795 | $1,284 – $3,500 | $1,695 – $1,855 |
| Apartment | 4+ Bedroom | $2,001 | $1,957 | $1,595 – $2,495 | $1,914 – $2,495 |
Current rent in Morristown, TN (all property types): 1 Bedroom $1,084, 2 Bedroom $1,231, 3 Bedroom $1,907, 4+ Bedroom $2,001.
Note: This analysis includes only bedroom types with sufficient data.
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
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