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Best Places to Rent

Tennessee

Average Rent

$1,657

0.4% YoY

Rent Comparison

1.9% Higher

than national average

Population

7.17 Million

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

$1,879

Population

2,121,538

# of Rentals

8,038

Memphis Metro Area

Average Rent

$1,249

Population

1,343,263

# of Rentals

3,109

Knoxville Metro Area

Average Rent

$1,549

Population

953,310

# of Rentals

1,036

Chattanooga Metro Area

Average Rent

$1,415

Population

583,637

# of Rentals

906

Clarksville Metro Area

Average Rent

$1,289

Population

348,119

# of Rentals

270

Kingsport Metro Area

Average Rent

$1,159

Population

313,553

# of Rentals

57

Johnson City Metro Area

Average Rent

$1,266

Population

212,446

# of Rentals

105

Jackson Metro Area

Average Rent

$1,330

Population

182,262

# of Rentals

152

Cleveland Metro Area

Average Rent

$1,756

Population

130,315

# of Rentals

40

Morristown Metro Area

Average Rent

$1,327

Population

123,994

# of Rentals

12

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.