Tennessee renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.

Tennessee map of rent costs by neighborhood

Rental Price Key

Most affordable


On average, the cost of rent in Tennessee is about $1,116 per month. This puts it in the 42nd percentile compared to the nation average cost of rent, which is $1,385. Households in Tennessee have a median income of $4,957 per month so the average renter in Tennessee is spending roughly 23% of their earnings on housing.

Nationally, and in Tennessee, home values are the data point most closely correlated with the cost of rent. The median price of a home in Tennessee is $249,226 right now, which is higher than states nearby, meaning that rents in Tennessee also tend to be higher versus these nearby states.

Higher rent prices are common in the central parts of Tennessee while lower rent rates are often available in northeastern areas.

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