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Best Places to Rent

Tennessee

Average Rent

$1,524

-1% YoY

Rent Comparison

-6.6% Lower

than national average

Population

7.17 Million

in 2022

The state of Tennessee is comprised of 10 metropolitan areas with a total population of 7,168,748. Explore Tennessee’s metro areas and compare key metrics.

Nashville Metro Area

Average Rent

$1,724

Population

2,121,538

# of Rentals

8,200

Memphis Metro Area

Average Rent

$1,124

Population

1,343,263

# of Rentals

3,049

Knoxville Metro Area

Average Rent

$1,458

Population

953,310

# of Rentals

1,252

Chattanooga Metro Area

Average Rent

$1,293

Population

583,637

# of Rentals

838

Clarksville Metro Area

Average Rent

$1,063

Population

348,119

# of Rentals

206

Kingsport Metro Area

Average Rent

$1,160

Population

313,553

# of Rentals

101

Johnson City Metro Area

Average Rent

$1,266

Population

212,446

# of Rentals

180

Jackson Metro Area

Average Rent

$1,326

Population

182,262

# of Rentals

140

Cleveland Metro Area

Average Rent

$1,384

Population

130,315

# of Rentals

48

Morristown Metro Area

Average Rent

$1,193

Population

123,994

# of Rentals

11

Average Rent is calculated by averaging the monthly rent of 1 bedroom apartments.

Other States

This information is based on data collected by CoStar Group researchers.