Average Rent In Tennessee For April 2020

By Chris Kolmar | HomeSnacks | Updated: 2020-04-21
$1,375
Average Rent
$0.896
Average $/sqft

What is the average rent in Tennessee?

According to the most recent data from Zillow, the average rent in Tennessee for April 2020 is $1,375. With an averge apartment size of 1,535 sqft, the average price per square foot in Tennessee is $0.896.

Compared to the national average of $1,650, Tennessee rent costs -16.7% less. Read our analysis of rents by state to see how Tennessee ranks.

Here's a look at how average rents have changed over time:

Best Places To Live In Tennessee

How Does Tennessee Rent Compare To The Rest Of The Country?

StatisticTNUSA% Difference
Average Rent $1,375$1,650 -16.7%
Average $/sqft $0.896$1.135 -21.1%
M-o-M Change $25$0 inf%
Y-o-Y Change $75$5 1400.0%
M-o-M % Change 1.9%0.0% -
Y-o-Y % Change 5.8%0.3% -

Median Rent By Bedrooms In Tennessee

$1,350
Studio
$1,100
1-Bedroom
$1,180
2-Bedroom
$1,350
3-Bedroom
$1,650
4-Bedroom

As you would expect, the median price for rent in Tennessee increases as the number of bedrooms in the unit increases. Studios rent the cheapest in Tennessee clocking in at $1,350, while a four bedroom rental will set you back $1,650 per month.

We think the best deal comes in the form of a two bedroom for $1,180 per month, however, if you don't mind having roommates, the best option on a per room basis is a 4-bedroom rental for $412/room/month.

Read on to find out more or for more on Tennessee check out:

Month Over Month Tennessee Rent Statistics

$25
M-o-M Increase
1.9%
M-o-M Increase

Tennessee has experienced a $25 change in rent over the past month going from $1,350 to $1,375. That change comes out to 1.9%.

For reference, the US national average rent changed $0 in the past month or 0.0%.

Here's a look at the month over month change for each month since 2010 for Tennessee:

Year Over Year Tennessee Rent Statistics

$75
Y-o-Y Increase
5.8%
Y-o-Y Increase

Over the past year, the average rent in Tennessee changed $75 from $1,300 to $1,375. A change of $75 means that rents changed 5.8% in a year.

That compares to the US national change of $5 in the past year or 0.3%.

Here's a look at the year over year change by month since 2011 for Tennessee:

The 10 Places With The Highest Rent In Tennessee

Population: 5,002
Median Rent: $3,025
More on Forest Hills: Real Estate | Data

Nolensville, TN

Population: 7,119
Median Rent: $2,360
More on Nolensville: Real Estate | Data | Photos

Brentwood, TN
Source: Public domain

Population: 41,524
Median Rent: $2,159
More on Brentwood: Real Estate | Data | Photos

Arlington, TN
Source: Public domain

Population: 11,678
Median Rent: $1,935
More on Arlington: Real Estate | Data | Photos

Signal Mountain, TN

Population: 8,507
Median Rent: $1,851
More on Signal Mountain: Real Estate | Data | Photos

Oakland, TN

Population: 7,508
Median Rent: $1,522
More on Oakland: Real Estate | Data | Photos

Franklin, TN

Population: 72,990
Median Rent: $1,428
More on Franklin: Real Estate | Data | Photos

Bartlett, TN

Population: 58,640
Median Rent: $1,414
More on Bartlett: Real Estate | Data | Photos

Germantown, TN
Source: City Of Germantwon

Population: 39,230
Median Rent: $1,397
More on Germantown: Real Estate | Data | Photos

Spring Hill, TN

Population: 35,995
Median Rent: $1,331
More on Spring Hill: Real Estate | Data | Photos

Learn More About Living In Tennessee

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn.

Average Rent By State

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