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Average Rent in Montgomery, TN

Home  »  TN  »  Montgomery

Current Versus Historical Montgomery, TN Rents

Montgomery rentals average $0 for a 4-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $325,000, or roughly $0 per square feet.
For the apartment units and housing in May 2024, median rents have risen over the last year. Studio rentals prices have increased by $300 (40.22%) year-over-year from $747 to $1,047. 1-bedroom rentals prices have increased by $48 (5.78%) year-over-year from $837 to $885. 2-bedroom rentals prices have increased by $68 (6.47%) year-over-year from $1,057 to $1,125. 3-bedroom rentals prices have increased by $256 (16.65%) year-over-year from $1,539 to $1,795. 4-bedroom rentals prices have increased by $322,892 (15,315.02%) year-over-year from $2,108 to $325,000. 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 down by 57.52% this month. 1-bedroom rents have gone down by 3.98% this month. 2-bedroom rents have gone up by 2.82% this month. 3-bedroom rents have gone up by 6.77% this month. 4-bedroom rents have gone up by 196.08% this month.
Beds
Price / Sqft
 May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)

Historical Rents in Montgomery, TN

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Montgomery

There are a total of 1 cities nearby Montgomery. The average rent in Montgomery is currently $1,467 per month. Only one city nearby has an average rent lower than that. Our records show that Nashville, TN, with an average rent of $1,467, is the most affordable city nearby. In contrast, the most expensive city near Montgomery, TN is Nashville, TN. Monthly rents here are on average $1,467 per month.

Let's compare Montgomery, TN's rent against other top cities nearby by bedroom size. Typically, rent for studios in Montgomery, TN is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Montgomery, TN are about inf% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 1 cities near Montgomery, TN in the following chart.
City Studio 1 Bed 2 Bed All
Nashville, TN $1,098 $1,330 $1,612 $1,467

Top Neighborhoods Near Montgomery



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

Top Counties Near Montgomery

The average rent for rentals in these counties is $1,467. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Davidson, TN. It's average rent per month is $1,467. Vice versa, with an average rent of $1,467, Davidson, TN is the most expensive county by Montgomery, TN.

Typically, rent for studios in Montgomery, TN is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Montgomery, TN is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Montgomery, TN is inf% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Davidson, TN $1,098 $1,330 $1,612 $1,467

Top Zipcodes Near Montgomery



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

Frequently Asked Questions - Montgomery Average Rents

What is the average rent price in Montgomery, TN?
The average monthly rental price for Montgomery, TN apartments for rent is approximately $325,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Montgomery, 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 Montgomery, TN.
How much is a studio apartment in Montgomery, TN?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Montgomery.
How much is a one bedroom apartment in Montgomery, TN?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in Montgomery.
How much is a two bedroom apartment in Montgomery, TN?
The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 two bedroom apartment listings currently available for rent in Montgomery.
How have rent prices in Montgomery, TN changed this year?
Rent prices for rentals in Montgomery, TN can fluctuate yearly. Specifically, studio rental prices have changed by 0.40%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.17% year-over-year.
What is a reasonable rent price in Montgomery, TN?
A reasonable rent price in Montgomery, TN is around $260,000/month. You can search for these reasonably priced rental listings on RentHop.
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