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Average Rent in Hamilton, TN

Home  »  TN  »  Hamilton

Current Versus Historical Hamilton, TN Rents

Hamilton rentals average $1,037 for a studio rental to $2,600 for a 4-bedroom rental. The median price of all currently available listings is $1,500, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $99 (10.16%) year-over-year from $976 to $1,075. 1-bedroom rentals prices have increased by $180 (17.76%) year-over-year from $1,011 to $1,190. 2-bedroom rentals prices have increased by $505 (39.39%) year-over-year from $1,282 to $1,788. 3-bedroom rentals prices have increased by $20 (1.06%) year-over-year from $1,880 to $1,900. 4-bedroom rentals prices have increased by $228 (9.20%) year-over-year from $2,473 to $2,700. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 1.77% this month. 1-bedroom rents have gone up by 10.71% this month. 2-bedroom rents have gone up by 22.78% this month. 3-bedroom rents have gone up by 1.20% this month. 4-bedroom rents have gone up by 1.25% this month.
Beds
Price / Sqft
 May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.46 $1,075 $976 (10.16%) $369 (191.53%)
1 BR $1.67 $1,190 $1,011 (17.76%) $890 (33.73%)
2 BR $1.42 $1,788 $1,282 (39.39%) $973 (83.65%)
3 BR $1.26 $1,900 $1,880 (1.06%) $1,710 (11.11%)
4+ BR $1.21 $2,700 $2,473 (9.20%) $2,190 (23.29%)

Historical Rents in Hamilton, TN

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Hamilton

There are a total of 1 cities nearby Hamilton. The average rent in Hamilton is currently $1,450 per month. Only one city nearby has an average rent lower than that. Our records show that Chattanooga, TN, with an average rent of $1,450, is the most affordable city nearby. In contrast, the most expensive city near Hamilton, TN is Chattanooga, TN. Monthly rents here are on average $1,450 per month.

Let's compare Hamilton, TN's rent against other top cities nearby by bedroom size. Typically, rent for studios in Hamilton, TN is on par with the other cities nearby. One bedrooms are about 0.54% more affordable. Two bedrooms in Hamilton, TN are about 3.85% more affordable. Finally, rent for three bedrooms are about 2.04% more expensive. Want more information? Check out the top 1 cities near Hamilton, TN in the following chart.
City Studio 1 Bed 2 Bed All
Chattanooga, TN $1,037 $1,025 $1,350 $1,450

Top Neighborhoods Near Hamilton



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Hamilton



We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Hamilton



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Hamilton Average Rents

What is the average rent price in Hamilton, TN?
The average monthly rental price for Hamilton, TN apartments for rent is approximately $1,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Hamilton, TN rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Hamilton, TN.
How much is a studio apartment in Hamilton, TN?
The average monthly rental price for studio apartments is $1,037 and an average price per square feet of $2.46. There are a total of 12 studio apartment listings currently available for rent in Hamilton.
How much is a one bedroom apartment in Hamilton, TN?
The average monthly rental price for one bedroom apartments is $1,020 and an average price per square feet of $1.67. There are a total of 58 one bedroom apartment listings currently available for rent in Hamilton.
How much is a two bedroom apartment in Hamilton, TN?
The average monthly rental price for two bedroom apartments is $1,300 and an average price per square feet of $1.42. There are a total of 129 two bedroom apartment listings currently available for rent in Hamilton.
How have rent prices in Hamilton, TN changed this year?
Rent prices for rentals in Hamilton, TN can fluctuate yearly. Specifically, studio rental prices have changed by 0.10%, one bedroom rental prices have changed by 0.18%, two bedroom rental prices have changed by 0.39%, and three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in Hamilton, TN?
A reasonable rent price in Hamilton, TN is around $1,200/month. You can search for these reasonably priced rental listings on RentHop.
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