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Best Places to Rent

Tennessee

Tennessee, Mississippi, Arkansas

Average Rent

$1,106

Rent Comparison

-27.1% Lower

than state average

Cost of Living

--

Population

1.34 Million

in 2022

The state of Tennessee is comprised of metropolitan areas with a total population of 1,339,025. Explore Tennessee’s metro areas and compare key metrics.

Memphis

Average Rent

$1,048

Population

629,404

# of Rentals

2,487

Cordova

Average Rent

$1,230

Population

78,781

# of Rentals

335

Southaven

Average Rent

$1,329

Population

60,810

# of Rentals

45

Bartlett

Average Rent

$1,467

Population

48,455

# of Rentals

33

Collierville

Average Rent

$1,661

Population

46,214

# of Rentals

138

Olive Branch

Average Rent

$1,405

Population

41,543

# of Rentals

13

Germantown

Average Rent

$1,597

Population

36,913

# of Rentals

36

Horn Lake

Average Rent

$1,173

Population

27,032

# of Rentals

9

Arlington

Average Rent

$1,289

Population

13,744

# of Rentals

6

Lakeland

Average Rent

$1,564

Population

13,404

# of Rentals

9

Marion

Average Rent

$893

Population

12,078

# of Rentals

16

Millington

Average Rent

$1,394

Population

9,657

# of Rentals

12

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

Other Metros

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