Best Places to Rent

Tennessee

Average Rent

$1,514

-0.7% YoY

Rent Comparison

9.1% Lower

than national average

Population

7.31 Million

in 2022

Metro Areas

The state of Tennessee is comprised of 10 metropolitan areas with a total population of 7,314,991. Explore Tennessee’s metro areas and compare key metrics.

Nashville Metro Area

Average Rent $1,713
Population 2,189,284
# of Rentals 7,354

Memphis Metro Area

Average Rent $1,107
Population 1,339,025
# of Rentals 2,638

Knoxville Metro Area

Average Rent $1,525
Population 970,802
# of Rentals 1,253

Chattanooga Metro Area

Average Rent $1,316
Population 594,836
# of Rentals 692

Clarksville Metro Area

Average Rent $1,085
Population 352,654
# of Rentals 217

Kingsport Metro Area

Average Rent $1,128
Population 315,609
# of Rentals 78

Johnson City Metro Area

Average Rent $1,328
Population 217,274
# of Rentals 112

Jackson Metro Area

Average Rent $1,363
Population 184,456
# of Rentals 148

Cleveland Metro Area

Average Rent $1,213
Population 133,756
# of Rentals 31

Morristown Metro Area

Average Rent $1,229
Population 129,382
# of Rentals 7

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.