According to the most recent data from Zillow, the average rent in Tennessee for December 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:
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:
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:
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: