Tennessee (TN) Average Rent Prices 2025

Average Rent Prices in Tennessee (TN)

$9111

Studio

$9521

1BR

$1,1721

2BR

$1,5261

3BR

$1,7291

4BR

Tennessee (TN) Rent Prices

As of 2025, the overall average fair market rent for a residential rental property in Tennessee is $1,258. Average rent prices in Tennessee sit below the national average rent of $1,274, in which Tennessee ranks as the 11th lowest rent among all 50 states and the 40th highest rent among all 50 states within the United States. In Tennessee’s large metropolitan areas such as Nashville, TN, the average rent prices tend to be higher, while alternative areas such as Murfreesboro, TN, can provide more affordable options.

Tennessee (TN) National Rent Rankings

40th

Highest Rent Among 50 States

11th

Lowest Rent Among 50 States

Below

The National Rent Average

Average Rent Prices in Tennessee (TN) Visual Chart

Studio

A one-room unit with a private bathroom.

1BR

A unit that has a separate bathroom and a separate bedroom.

2BR

A unit that has two separate and distinct bedrooms.

3BR

A unit that has 3 separate and distinct bedrooms.

4BR

A unit that has 4 separate and distinct bedrooms.

Fair Market Rent

Gross rent estimate for a standard rental unit in a given market.

Average Rent Prices in Tennessee (TN) by Metro Area

wdt_ID Metro Studio 1BR 2BR 3BR 4BR
1 Campbell County, TN HUD Metro FMR Area 728 733 962 1.271 1.275
2 Chattanooga, TN-GA MSA 1.231 1.284 1.426 1.796 1.942
3 Clarksville, TN-KY HUD Metro FMR Area 916 976 1.229 1.722 2.064
4 Cleveland, TN MSA 830 922 1.210 1.579 1.604
5 Crockett County, TN HUD Metro FMR Area 798 836 1.073 1.304 1.622
6 Gibson County, TN HUD Metro FMR Area 672 709 904 1.267 1.517
7 Grainger County, TN HUD Metro FMR Area 681 685 899 1.187 1.192
8 Jackson, TN HUD Metro FMR Area 848 942 1.236 1.667 1.674
9 Johnson City, TN MSA 890 895 1.119 1.389 1.562
10 Kingsport-Bristol-Bristol, TN-VA MSA 738 824 1.043 1.343 1.538
11 Knoxville, TN HUD Metro FMR Area 1.256 1.264 1.548 1.989 2.335
12 Macon County, TN HUD Metro FMR Area 910 945 1.046 1.315 1.605
13 Maury County, TN HUD Metro FMR Area 1.145 1.153 1.475 1.869 1.956
14 Memphis, TN-MS-AR HUD Metro FMR Area 1.105 1.207 1.355 1.781 2.086
15 Morgan County, TN HUD Metro FMR Area 731 736 965 1.275 1.279
16 Morristown, TN HUD Metro FMR Area 820 825 1.069 1.402 1.751
17 Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area 1.589 1.650 1.827 2.308 2.840
18 Roane County, TN HUD Metro FMR Area 915 915 1.092 1.398 1.834
19 Smith County, TN HUD Metro FMR Area 793 798 1.047 1.383 1.388
20 Stewart County, TN HUD Metro FMR Area 625 735 911 1.277 1.523
Metro Studio 1BR 2BR 3BR 4BR

Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2025.

Average Rent Prices in Other US States 2025

Rent prices for each state across the United States can greatly vary. Click on a State below to see the specific fair market residential rent prices for that state:

Tennessee Rent Price Calculators

Need help with rent-related math? Use our rental property calculators to handle everything from price adjustments to fee calculations in just a few clicks.

Rent Increase Calculator
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Tennessee Rental Real Estate Resources

Tennessee (TN) Rental Property Management

Tennessee Property Management

Tennessee rental property management focuses on handling tenant relations, property maintenance, and legal compliance to help property owners maximize their investment returns.

Tennessee (TN) Rental Property Insurance

Tennessee Rental Property Insurance

Tennessee landlord insurance provides real estate investors with essential protection against financial losses caused by property damage, liability claims, loss of rental income, and other risks.

Tennessee (TN) Rental Property Loans

Tennessee Rental Property Loans

Tennessee rental property loans provide investors with financing solutions to buy or refinance properties in a state known for its thriving music cities and growing rental markets in places like Nashville and Memphis.

Tennessee (TN) Rental Lease Agreements

Residential rental agreement templates in Tennessee provide a structured format for outlining the terms of a rental arrangement, including rent, lease duration, and the obligations of both landlords and tenants.

Ultimate Guide to Rental Property Rent Payments

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Ultimate Guide to Rental Property Investing

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Average Rent in the United States

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Real Estate Investor Tools

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Real Estate Companies

Real Estate Companies

Rental real estate companies are the driving forces that power the greater rental property industry. These companies cater to various property types including residential, commercial, and more. 

1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout the United States, excluding Puerto Rico.

Methodology

Areas with insufficient inventory or populations less than 25,000 were excluded from this analysis. Averages are based on the combined average of 0-4 bedroom residential rental properties throughout the United States excluding Puerto Rico.

Data

Rent prices are based on aggregated data from one and/or several sources noted below:

Disclaimer

The information included is used for illustrative purposes only. The data contained herein does not constitute financial, legal, or any material advice. Data is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals before making any material decisions.

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