What is the average rent in Tennessee?
The average rent in Tennessee for August 2026 is $1,144, according to the most recent data from ApartmentList - July 31, 2026. The average rent of a 2-bedroom apartment in Tennessee is $1,089. The average rent of a 1-bedroom apartment in Tennessee is $1,000.
Compared to the national average of $1,388, Tennessee rent costs -17.6% 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:
How Does Tennessee Rent Compare To The Rest Of The Country?
| Statistic | TN | USA | % Difference |
|---|---|---|---|
| Average Rent | $1,144 | $1,388 | -17.6% |
| M-o-M Change | $6 | $3 | 100.0% |
| Y-o-Y Change | -$21 | -$15 | 40.0% |
| M-o-M % Change | 0.5% | 0.2% | - |
| Y-o-Y % Change | -1.8% | -1.1% | - |
Median Rent By Bedrooms In Tennessee
As you would expect, the median price for rent in Tennessee increases as the number of bedrooms in the unit increases. 1-Bedroom rent is the cheapest in Tennessee clocking in at $1,000, while a 2-bedroom rental will set you back $1,089 per month.
If you don't mind having roommates, the best option on a per room basis is a 2-bedroom rental for $544/room/month.
Read on to find out more or for more on Tennessee check out:
- Best Places To Live In Tennessee
- Cheapest Places To Live In Tennessee
- Most Dangerous Cities In Tennessee
Month Over Month Tennessee Rent Statistics
Tennessee has experienced a $6 change in rent over the past month going from $1,138 to $1,144. That change comes out to 0.5%.
For reference, the US national average rent changed $3 in the past month or 0.2%.
Here's a look at the month over month change for each month since 2017 for Tennessee:
Year Over Year Tennessee Rent Statistics
Over the past year, the average rent in Tennessee changed -$21 from $1,165 to $1,144. A change of -$21 means that rents changed -1.8% in a year.
That compares to the US national change of -$15 in the past year or -1.1%.
Here's a look at the year over year change by month since 2017 for Tennessee:
The 10 Places With The Highest Rent In Tennessee
Population: 5,002
Median Rent: $3,025
More on Forest Hills: Data | Real Estate
Population: 7,119
Median Rent: $2,360
More on Nolensville: Data | Crime | Cost Of Living | Real Estate
Population: 41,524
Median Rent: $2,159
More on Brentwood: Data | Crime | Cost Of Living | Real Estate
Population: 11,678
Median Rent: $1,935
More on Arlington: Data | Cost Of Living | Real Estate
Population: 8,507
Median Rent: $1,851
More on Signal Mountain: Data | Crime | Cost Of Living | Real Estate
Population: 7,508
Median Rent: $1,522
More on Oakland: Data | Crime | Cost Of Living | Real Estate
Population: 72,990
Median Rent: $1,428
More on Franklin: Data | Crime | Cost Of Living | Real Estate
Population: 58,640
Median Rent: $1,414
More on Bartlett: Data | Crime | Cost Of Living | Real Estate
Population: 39,230
Median Rent: $1,397
More on Germantown: Data | Crime | Cost Of Living | Real Estate
Population: 35,995
Median Rent: $1,331
More on Spring Hill: Data | Crime | Cost Of Living | Real Estate
Learn More About Living In Tennessee
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- Safest Places In Tennessee
- Worst Places To Live In Tennessee
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