Average Rent in Tennessee

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Current Versus Historical Tennessee Rents

Tennessee rentals average $0 for a 2-bedroom rental to $0 for a 2-bedroom rental. The median price of all currently available listings is $1,120, or roughly $0 per square feet.

For the apartment units and housing in January 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $778 (59.55%) year-over-year from $1,307 to $2,085. 1-bedroom rentals prices have increased by $511 (38.57%) year-over-year from $1,325 to $1,837. 2-bedroom rentals prices have increased by $387 (22.84%) year-over-year from $1,696 to $2,083. 3-bedroom rentals prices have increased by $280 (15.45%) year-over-year from $1,812 to $2,092. 4-bedroom rentals prices have decreased by $212 (-8.80%) year-over-year from $2,407 to $2,195. 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 32.83% this month. 1-bedroom rents have gone up by 22.68% this month. 2-bedroom rents have gone up by 4.81% this month. 3-bedroom rents have gone up by 15.63% this month. 4-bedroom rents have gone up by 2.09% this month.

Beds	Price / Sqft	Jan 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)

Historical Rents in Tennessee

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Tennessee

There are a total of 19 cities nearby Tennessee. The average rent in Tennessee is currently $2,085 per month. Our records show that Fayetteville, NC, with an average rent of $1,385, is the most affordable city nearby. In contrast, the most expensive city near Tennessee is North Atlanta, GA. Monthly rents here are on average $3,600 per month.

Let's compare Tennessee's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in Tennessee are about inf% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 10 cities out of 19 total cities near Tennessee in the following chart.

City	Studio	1 Bed	2 Bed	All
Nashville, TN	$1,106	$1,333	$1,516	$1,437
East Point, GA	N/A	$1,141	$1,623	$1,800
Mooresville, NC	N/A	$1,299	$1,598	$2,000
Charlotte, NC	$2,500	$1,575	$1,842	$2,000
Sandy Springs, GA	$1,470	$1,556	$1,900	$2,085
Atlanta, GA	$1,650	$1,795	$2,500	$2,400
Smyrna, GA	N/A	$1,493	$2,000	$2,698
Johns Creek, GA	N/A	$1,509	$1,797	$2,700
Alpharetta, GA	N/A	$1,932	$2,000	$3,000
North Atlanta, GA	N/A	$1,700	$1,850	$3,600

Top Neighborhoods Near Tennessee

There are a total of 6 neighborhoods in or near Tennessee. Some of these neighborhoods include Terry Sanford, Westover, and Seventy-First. We've included all of these top 6 neighborhoods in or near Tennessee in the following chart.

The average rent for these 6 neighborhoods in or near Tennessee is currently around $1,899 per month. Meaning, only six neighborhoods have a higher average rent than $1,899. Interestingly, the neighborhoods' average rent is higher than Tennessee's average rent, which is only $1,120. Out of all the neighborhoods in or near Tennessee, Terry Sanford has the most affordable average rent at $1,195 per month. Whereas, at $3,825 average rent per month, North Buckhead is the most expensive neighborhood in or near Tennessee. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Terry Sanford, Fayetteville, NC	N/A	$750	$995	$1,195
Westover, Fayetteville, NC	N/A	$750	$1,100	$1,300
Seventy-First, Fayetteville, NC	N/A	$838	$950	$1,498
Midtown, Atlanta, GA	$1,655	$1,916	$2,700	$2,300
Old Fourth Ward, Atlanta, GA	N/A	$2,100	$2,923	$2,695
North Buckhead, Atlanta, GA	N/A	$2,000	$3,200	$3,825

Top Counties Near Tennessee

There are a total of 6 counties located by Tennessee. Some of these counties include Davidson, TN, Hall, GA, and Bartow, GA. The average rent for rentals in these counties is $2,008. That's roughly around $1 per sqft. The county that is the most affordable is Cumberland, NC. It's average rent per month is $1,400. Vice versa, with an average rent of $2,975, Fayette, GA is the most expensive county by Tennessee.

In comparison, rent for one bedroom listings in Tennessee is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Tennessee 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	$1,106	$1,333	$1,516	$1,437
Hall, GA	N/A	$1,410	$1,628	$2,000
Bartow, GA	N/A	$1,380	$1,544	$2,008
Douglas, GA	N/A	$1,142	$1,500	$2,120
Paulding, GA	N/A	$1,800	$1,813	$2,150
Fulton, GA	$1,594	$1,700	$2,250	$2,325
Cobb, GA	N/A	$1,540	$1,977	$2,350
Gwinnett, GA	N/A	$1,520	$1,800	$2,400
Cherokee, GA	N/A	$1,570	$1,900	$2,500
Forsyth, GA	N/A	$1,500	$2,000	$2,599

Top Zipcodes Near Tennessee

There are a total of 21 zipcodes in or near Tennessee. The average rent for all of these zipcodes is $2,300.

The following chart 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
30318, Atlanta, GA	$1,607	$1,620	$2,480	$2,380
30309, Atlanta, GA	$1,650	$1,900	$2,750	$2,300
30024, Gwinnett County, GA	N/A	$1,701	$1,888	$2,650
30328, Sandy Springs, GA	$1,470	$1,615	$2,023	$2,020
30080, Smyrna, GA	N/A	$1,500	$2,000	$2,600
28208, Charlotte, NC	N/A	$1,147	$1,989	$1,975
27519, Cary, NC	N/A	$1,526	$2,248	$2,275
28269, Charlotte, NC	N/A	$1,371	$1,695	$1,995
28277, Charlotte, NC	N/A	$1,540	$1,950	$2,450
28203, Charlotte, NC	N/A	$1,800	$2,538	$2,438

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 $1,120. 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 $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 Tennessee.

How much is a one bedroom apartment in Tennessee?

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 Tennessee.

How much is a two bedroom apartment in Tennessee?

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 1 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 0.60%, one bedroom rental prices have changed by 0.39%, two bedroom rental prices have changed by 0.23%, and three bedroom rental prices have changed by 0.15% year-over-year.

What is a reasonable rent price in Tennessee?

A reasonable rent price in Tennessee is around $896/month. You can search for these reasonably priced rental listings on RentHop.