Average Rent in Tennessee

Home  »  TN

Current Versus Historical Tennessee Rents

Tennessee rentals average $1,524 for a studio rental to $1,700 for a 4-bedroom rental. The median price of all currently available listings is $1,600, or roughly $15 per square feet.
For the apartment units and housing in October 2026, median rents have risen over the last year. Studio rentals prices have decreased by $210 (-12.09%) year-over-year from $1,734 to $1,524. 1-bedroom rentals prices have increased by $124 (7.16%) year-over-year from $1,726 to $1,850. 2-bedroom rentals prices have decreased by $1,434 (-51.51%) year-over-year from $2,784 to $1,350. 3-bedroom rentals prices have decreased by $315 (-17.35%) year-over-year from $1,815 to $1,500. 4-bedroom rentals prices have decreased by $214 (-10.90%) year-over-year from $1,964 to $1,750. 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 17.74% this month. 1-bedroom rents have gone up by 19.50% this month. 2-bedroom rents have gone up by 6.75% this month. 3-bedroom rents have gone down by 0.77% this month. 4-bedroom rents have gone down by 8.85% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $21.23 $1,524 $1,734 (-12.09%) $1,383 (10.18%)
1 BR $16.89 $1,850 $1,726 (7.16%) $1,444 (28.15%)
2 BR $14.68 $1,350 $2,784 (-51.51%) $1,886 (-28.42%)
3 BR $14.67 $1,500 $1,815 (-17.35%) $1,822 (-17.69%)
4+ BR $13.43 $1,750 $1,964 (-10.90%) $2,432 (-28.03%)

Historical Rents in Tennessee

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Tennessee

There are a total of 43 cities nearby Tennessee. The average rent in Tennessee is currently $2,090 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that Lexington-Fayette, KY, with an average rent of $995, is the most affordable city nearby. In contrast, the most expensive city near Tennessee is North Atlanta, GA. Monthly rents here are on average $3,625 per month.

Let's compare Tennessee's rent against other top cities nearby by bedroom size. Typically, rent for studios in Tennessee is 34.71% more expensive than other cities nearby. One bedrooms are about 14.36% more expensive. Two bedrooms in Tennessee are about 38.13% more affordable. Finally, rent for three bedrooms are about 49.93% more affordable. Want more information? Check out the top 10 cities out of 43 total cities near Tennessee in the following table.
City Studio 1 Bed 2 Bed All
Chattanooga, TN $1,099 $2,146 $1,175 $1,263
Huntsville, AL $995 $1,649 $1,990 $1,674
Birmingham, AL $1,699 $1,900 $1,025 $1,740
Marietta, GA N/A $1,320 $1,638 $1,887
Nashville, TN $1,958 $2,000 $2,339 $1,971
Kennesaw, GA N/A $2,208 $1,895 $2,222
Smyrna, GA N/A $1,639 $2,000 $2,500
Woodstock, GA N/A $1,490 $2,175 $2,563
Roswell, GA N/A $1,245 $1,800 $2,600
Alpharetta, GA N/A $1,555 $2,000 $2,825

Top Neighborhoods Near Tennessee

There are a total of 29 neighborhoods in or near Tennessee. Some of these neighborhoods include Terry Sanford, Lake Highlands, and Westover. We've included all of these top 29 neighborhoods in or near Tennessee in the following table.

The average rent for these 29 neighborhoods in or near Tennessee is currently around $2,400 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only twenty-two neighborhoods have a higher average rent than $2,400. Interestingly, the neighborhoods' average rent is higher than Tennessee's average rent, which is only $1,600. Out of all the neighborhoods in or near Tennessee, Terry Sanford has the most affordable average rent at $1,350 per month. Whereas, at $6,000 average rent per month, North Buckhead is the most expensive neighborhood in or near Tennessee. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Terry Sanford, Fayetteville, NC N/A $775 $985 $1,350
Lake Highlands, Dallas, TX $1,050 $1,040 $1,436 $1,400
Westover, Fayetteville, NC N/A $788 $1,100 $1,400
Douglas Byrd, Fayetteville, NC N/A $863 $1,175 $1,450
Vickery, Dallas, TX $1,655 $1,225 $1,590 $1,452
Seventy-First, Fayetteville, NC N/A $863 $995 $1,500
Congress Heights, Washington, DC $1,000 $1,200 $1,550 $1,500
Hillcrest Forest, Dallas, TX $1,140 $1,458 $1,750 $1,715
Fourth Ward, Charlotte, NC $1,723 $1,800 $1,962 $1,848
Jack Britt, Fayetteville, NC N/A N/A $800 $1,850
Radnor - Fort Myer Heights, Arlington, VA $1,800 $2,100 $3,225 $2,100
Sendera Ranch, Fort Worth, TX N/A N/A N/A $2,150
Ballantyne West, Charlotte, NC $2,200 $1,632 $1,895 $2,195
Anacostia, Washington, DC $1,950 $1,495 $1,800 $2,200
Foggy Bottom - GWU - West End, Washington, DC $1,900 $2,400 $5,128 $2,400
Southwest - Waterfront, Washington, DC $1,700 $2,150 $2,995 $2,400
North Oaklawn, Dallas, TX $1,248 $1,585 $2,500 $2,475
Dilworth, Charlotte, NC N/A $1,718 $2,500 $2,498
Midtown, Atlanta, GA $1,515 $1,908 $3,200 $2,500
Mount Vernon Square, Washington, DC $2,064 $2,350 $3,778 $2,506
Kingman Park, Washington, DC N/A $1,743 $2,700 $2,610
Capitol Hill, Washington, DC $1,650 $1,999 $3,000 $2,654
Old Fourth Ward, Atlanta, GA $2,225 $2,202 $2,995 $2,700
SW Ballpark - Navy Yard, Washington, DC $2,458 $2,696 $3,555 $2,716
Oak Lawn, Dallas, TX $1,740 $2,188 $3,363 $2,924
Braddock Road Metro, Alexandria, VA $2,053 $2,386 $3,192 $2,995
Ballston - Virginia Square, Arlington, VA $1,898 $2,625 $3,600 $2,998
Downtown Greenville, Greenville, SC $3,443 $3,959 $4,640 $4,090
North Buckhead, Atlanta, GA N/A $2,000 $4,445 $6,000

Top Counties Near Tennessee

There are a total of 47 counties located by Tennessee. Some of these counties include Hamilton, TN, Jefferson, AL, and Madison, AL. The average rent for rentals in these counties is $2,149. That's roughly around $15 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Pulaski, AR. Its average rent per month is $1,150. Vice versa, with an average rent of $3,100, Fairfax, VA is the most expensive county by Tennessee.

Typically, rent for studios in Tennessee is 37.66% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Tennessee is 21.33% more expensive than other counties nearby. Finally, rent for two bedrooms in Tennessee is 34.21% more affordable than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Hamilton, TN $825 $2,136 $1,100 $1,200
Jefferson, AL $1,699 $1,900 $975 $1,600
Madison, AL $995 $1,649 $1,990 $1,674
Davidson, TN $1,958 $2,000 $2,339 $1,971
Douglas, GA N/A $1,290 $1,513 $2,000
Bartow, GA N/A $1,424 $1,449 $2,100
Paulding, GA N/A $1,775 $2,465 $2,100
Cherokee, GA N/A $1,505 $1,895 $2,400
Cobb, GA $1,275 $1,680 $1,900 $2,485
Forsyth, GA N/A $1,430 $1,900 $2,700

Top Zipcodes Near Tennessee

There are a total of 41 zipcodes in or near Tennessee. The average rent for all of these zipcodes is $2,500.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Tennessee is $1,614 per month. Or in other words, $25 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,079 per month. Which comes out to $20 per sqft. The following table includes the top 10 zipcodes in Tennessee. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
37203, Nashville, TN $2,042 $2,750 $3,650 $2,750
30318, Atlanta, GA $1,490 $1,739 $2,188 $2,500
30024, Gwinnett County, GA N/A $1,520 $2,039 $2,800
30309, Atlanta, GA $1,675 $1,850 $2,898 $2,650
30308, Atlanta, GA $1,580 $2,000 $3,074 $2,481
30080, Smyrna, GA $1,350 $1,505 $1,904 $2,750
30041, Forsyth County, GA N/A $1,406 $1,750 $2,723
30043, Gwinnett County, GA $2,445 $1,610 $1,965 $2,438
30328, Sandy Springs, GA $1,490 $1,698 $1,974 $2,050
30004, Milton, GA N/A $1,531 $2,100 $2,600

Frequently Asked Questions - Tennessee Average Rents

What is the average rent price in Tennessee?
The average monthly rental price for Tennessee apartments for rent is approximately $1,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Tennessee 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 Tennessee.
How much is a studio apartment in Tennessee?
The average monthly rental price for studio apartments is $1,524 and an average price per square feet of $21.23. There are a total of 35 studio apartment listings currently available for rent in Tennessee.
How much is a one bedroom apartment in Tennessee?
The average monthly rental price for one bedroom apartments is $1,810 and an average price per square feet of $16.89. There are a total of 198 one bedroom apartment listings currently available for rent in Tennessee.
How much is a two bedroom apartment in Tennessee?
The average monthly rental price for two bedroom apartments is $1,338 and an average price per square feet of $14.68. There are a total of 196 two bedroom apartment listings currently available for rent in Tennessee.
How have rent prices in Tennessee changed this year?
Rent prices for rentals in Tennessee can fluctuate yearly. Specifically, studio rental prices have changed by -0.12%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by -0.52%, three bedroom rental prices have changed by -0.17% year-over-year.
What is a reasonable rent price in Tennessee?
A reasonable rent price in Tennessee is around $1,280/month. You can search for these reasonably priced rental listings on RentHop.