city image

Best Places to Rent

Tennessee

Average Rent

$1,532

-0.6% 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

$1,745

Population

2,121,538

# of Rentals

7,913

Memphis Metro Area

Average Rent

$1,143

Population

1,343,263

# of Rentals

2,963

Knoxville Metro Area

Average Rent

$1,450

Population

953,310

# of Rentals

1,227

Chattanooga Metro Area

Average Rent

$1,295

Population

583,637

# of Rentals

832

Clarksville Metro Area

Average Rent

$1,040

Population

348,119

# of Rentals

199

Kingsport Metro Area

Average Rent

$1,142

Population

313,553

# of Rentals

100

Johnson City Metro Area

Average Rent

$1,271

Population

212,446

# of Rentals

181

Jackson Metro Area

Average Rent

$1,317

Population

182,262

# of Rentals

146

Cleveland Metro Area

Average Rent

$1,531

Population

130,315

# of Rentals

38

Morristown Metro Area

Average Rent

$1,185

Population

123,994

# of Rentals

9

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.