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Best Places to Rent

Tennessee

Average Rent

$1,627

-0.6% YoY

Rent Comparison

-0.7% 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

$1,845

Population

2,121,538

# of Rentals

7,970

Memphis Metro Area

Average Rent

$1,255

Population

1,343,263

# of Rentals

3,186

Knoxville Metro Area

Average Rent

$1,536

Population

953,310

# of Rentals

1,209

Chattanooga Metro Area

Average Rent

$1,415

Population

583,637

# of Rentals

838

Clarksville Metro Area

Average Rent

$1,196

Population

348,119

# of Rentals

208

Kingsport Metro Area

Average Rent

$1,181

Population

313,553

# of Rentals

78

Johnson City Metro Area

Average Rent

$1,263

Population

212,446

# of Rentals

114

Jackson Metro Area

Average Rent

$1,312

Population

182,262

# of Rentals

173

Cleveland Metro Area

Average Rent

$1,566

Population

130,315

# of Rentals

40

Morristown Metro Area

Average Rent

$1,304

Population

123,994

# of Rentals

13

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.