Average Rent in Tennessee
Apartments & Houses by Size
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Tennesseeās rental market offers a diverse mix of apartments and singleāfamily homes that cater to students, young professionals, and growing families alike. From the vibrant music corridors of Nashville and historic charm of Memphis to the natural beauty of the Great Smoky Mountains, renters enjoy a balance of urban excitement and outdoor recreation. Popular neighborhoods such as East Nashville, Midtown Memphis, and the West Knoxville area provide easy access to dining, entertainment, and cultural attractions, making the state an appealing destination for both shortāterm stays and longāterm living.
Apartment options range from cozy studios to spacious fourāplus bedroom units, with studio rentals typically falling in the $1300s and larger threeābedroom spaces approaching the $2000 range. Singleāfamily homes also present a broad spectrum, often starting in the $1500s for smaller units and exceeding $2500 for expansive fourāplus bedroom residences. Whether you prefer the lowāmaintenance lifestyle of a modern apartment complex near downtown or the added privacy of a detached house in a suburban community, Tennesseeās rental inventory includes choices that suit a variety of budgets and lifestyle preferences.
Renters benefit from the stateās robust transportation network, including interstates, commuter rails, and regional airports, which connect major employment hubs and educational institutions. With a growing job market in healthcare, technology, and manufacturing, along with a welcoming Southern hospitality, Tennessee continues to attract renters seeking affordable yet vibrant living environments. Explore the diverse neighborhoods and discover a rental solution that aligns with your personal and professional aspirations.
Tennessee Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,389 | $1,405 | $775 – $1,990 | $1,175 – $1,775 |
| Apartment | 1 Bedroom | $1,399 | $1,250 | $799 – $2,642 | $1,100 – $1,605 |
| Apartment | 2 Bedroom | $1,749 | $1,628 | $895 – $3,858 | $1,350 – $1,895 |
| Apartment | 3 Bedroom | $2,356 | $2,017 | $1,066 – $7,929 | $1,534 – $2,259 |
| House | 1 Bedroom | $1,056 | $950 | $825 – $1,499 | $850 – $1,499 |
| House | 2 Bedroom | $1,566 | $1,450 | $699 – $3,950 | $1,150 – $1,850 |
| House | 3 Bedroom | $2,002 | $1,950 | $230 – $4,700 | $1,595 – $2,300 |
| House | 4+ Bedroom | $2,860 | $2,587 | $1,350 – $9,000 | $2,150 – $3,250 |
Current rent in Tennessee (all property types): Studio $1,390, 1 Bedroom $1,373, 2 Bedroom $1,670, 3 Bedroom $2,031, 4+ Bedroom $2,869.
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
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