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 $2,500, or roughly $0 per square feet.

For the apartment units and housing in December 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $738 (-49.59%) year-over-year from $1,488 to $750. 1-bedroom rentals prices have decreased by $597 (-41.41%) year-over-year from $1,442 to $845. 2-bedroom rentals prices have decreased by $756 (-41.08%) year-over-year from $1,841 to $1,085. 3-bedroom rentals prices have decreased by $374 (-20.50%) year-over-year from $1,824 to $1,450. 4-bedroom rentals prices have decreased by $40 (-1.64%) year-over-year from $2,440 to $2,400. 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 38.76% this month. 1-bedroom rents have gone down by 40.52% this month. 2-bedroom rents have gone down by 51.07% this month. 3-bedroom rents have gone down by 13.18% this month. 4-bedroom rents have gone up by 9.96% this month.

Beds	Price / Sqft	Dec 2024 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 23 cities nearby Tennessee. The average rent in Tennessee is currently $1,950 per month. A total of 19 cities nearby have an average rent lower than that. Our records show that Fayetteville, NC, with an average rent of $1,375, is the most affordable city nearby. In contrast, the most expensive city near Tennessee is North Atlanta, GA. Monthly rents here are on average $3,173 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 23 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
Redan, GA	N/A	N/A	$1,599	$1,778
East Point, GA	N/A	$1,200	$1,550	$1,850
Marietta, GA	N/A	$1,204	$1,600	$1,900
Sandy Springs, GA	$1,520	$1,582	$1,938	$2,075
Atlanta, GA	$1,500	$1,775	$2,499	$2,395
Smyrna, GA	N/A	$1,540	$1,995	$2,495
Johns Creek, GA	N/A	$1,576	$1,831	$2,845
Alpharetta, GA	N/A	$1,816	$2,042	$3,000
North Atlanta, GA	N/A	$1,700	$1,875	$3,173

Top Neighborhoods Near Tennessee

There are a total of 6 neighborhoods in or near Tennessee. Some of these neighborhoods include Terry Sanford, Seventy-First, and Westover. 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 $1,831 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $1,831. Out of all the neighborhoods in or near Tennessee, Terry Sanford has the most affordable average rent at $1,200 per month. Whereas, at $3,795 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	$973	$1,200
Seventy-First, Fayetteville, NC	N/A	$825	$1,050	$1,363
Westover, Fayetteville, NC	N/A	N/A	$1,050	$1,363
Midtown, Atlanta, GA	$1,538	$1,895	$2,673	$2,300
Old Fourth Ward, Atlanta, GA	N/A	$2,143	$2,950	$2,650
North Buckhead, Atlanta, GA	N/A	$2,000	$3,498	$3,795

Top Counties Near Tennessee

There are a total of 6 counties located by Tennessee. Some of these counties include Davidson, TN, Douglas, GA, and Hall, GA. The average rent for rentals in these counties is $1,995. That's roughly around $1 per sqft. A total of 37 counties have a lower average rent. The county that is the most affordable is Cumberland, NC. It's average rent per month is $1,395. Vice versa, with an average rent of $2,905, 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
Douglas, GA	N/A	$1,342	$1,500	$1,940
Hall, GA	N/A	$1,400	$1,660	$1,950
Bartow, GA	N/A	$1,380	$1,675	$1,993
Paulding, GA	N/A	$1,900	$1,660	$1,995
Fulton, GA	$1,500	$1,702	$2,217	$2,300
Cobb, GA	N/A	$1,622	$1,976	$2,383
Gwinnett, GA	N/A	$1,500	$1,840	$2,395
Cherokee, GA	N/A	$1,580	$1,926	$2,450
Forsyth, GA	N/A	$1,524	$2,000	$2,600

Top Zipcodes Near Tennessee

There are a total of 26 zipcodes in or near Tennessee. The average rent for all of these zipcodes is $2,223. A total of 23 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 28208, Charlotte, NC at $1,695 per month. In comparison, the zipcode with the most expensive average rent of $3,800 per month is 30342, Sandy Springs, GA.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Tennessee is $1,533 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,024 per month. Which comes out to $2 per sqft. 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	$1,500	$1,610	$2,268	$2,400
30309, Atlanta, GA	$1,364	$1,856	$2,750	$2,300
30024, Gwinnett County, GA	N/A	$1,501	$1,845	$2,700
30328, Sandy Springs, GA	$1,520	$1,600	$2,048	$2,023
30080, Smyrna, GA	N/A	$1,540	$1,950	$2,300
30058, DeKalb County, GA	N/A	N/A	$1,490	$1,903
28208, Charlotte, NC	N/A	$1,299	$1,550	$1,695
27519, Cary, NC	N/A	$1,526	$2,169	$2,250
28269, Charlotte, NC	N/A	$1,370	$1,698	$2,050
30253, McDonough, GA	N/A	N/A	$2,230	$2,135

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 $2,500. 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 -0.50%, one bedroom rental prices have changed by -0.41%, two bedroom rental prices have changed by -0.41%, and three bedroom rental prices have changed by -0.21% year-over-year.

What is a reasonable rent price in Tennessee?

A reasonable rent price in Tennessee is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.