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Best Places to Rent

Tennessee

Average Rent

$1,650

-0.6% YoY

Rent Comparison

0.9% 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

$1,869

Population

2,121,538

# of Rentals

7,955

Memphis Metro Area

Average Rent

$1,256

Population

1,343,263

# of Rentals

3,177

Knoxville Metro Area

Average Rent

$1,564

Population

953,310

# of Rentals

1,195

Chattanooga Metro Area

Average Rent

$1,407

Population

583,637

# of Rentals

887

Clarksville Metro Area

Average Rent

$1,304

Population

348,119

# of Rentals

235

Kingsport Metro Area

Average Rent

$1,155

Population

313,553

# of Rentals

59

Johnson City Metro Area

Average Rent

$1,185

Population

212,446

# of Rentals

131

Jackson Metro Area

Average Rent

$1,335

Population

182,262

# of Rentals

164

Cleveland Metro Area

Average Rent

$1,599

Population

130,315

# of Rentals

39

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.