Homes & Apartments for Rent in 38016

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What to Know About

Life in Cordova & Beyond

Cordova shares many of the great qualities that make Tennessee a desirable place to live.

Tennessee is known for its dazzling natural beauty, rich history, and vibrant culture. With its rolling hills, majestic mountains, and sparkling waterways, Tennessee has something for everyone from the Great Smoky Mountains National Park, the Memphis Zoo, the Country Music Hall of Fame, and the Jack Daniel's Distillery. Tennessee is also home to respected institutions such as Vanderbilt University and the University of Tennessee. In addition, Tennessee's economy is also thriving, driven by a mix of industries, including healthcare, finance, and manufacturing.

For adventure seekers, there is plenty to do in Tennessee, from fishing in the Tennessee River to hiking in the Smoky Mountains. Sports fans can cheer on the Tennessee Titans (NFL), Nashville Predators (NHL), and Memphis Grizzlies (NBA). Discover and indulge in famous attractions like the Ryman Auditorium, the Parthenon, and Graceland. The state is also known for its rich music history, including blues, country, and rock-and-roll, and there is a thriving theater and arts scene in cities like Nashville and Memphis.

Its high quality of life, strong economy, and friendly community make Tennessee a great place to call home.

Rental Market Trends

Cordova, TN

As of September 2026, Cordova's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Cordova's average rent is 3.7% ($52) lower than the Tennessee average of $1,422 and 24.2% ($438) lower than the U.S. average of $1,808.

Average Rent
$1,370
Monthly ChangeMonth Over Month Change
Increased2.1% ($28)
Yearly ChangeYear Over Year Change
Decreased12.3% ($192)
Avg. Days on MarketAverage Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,097 Increased1% ($11) Decreased16.5% ($216)
2 Beds $1,300 Increased1.8% ($23) Decreased20.6% ($337)
3 Beds $1,744 Increased1.5% ($25) Decreased5.6% ($104)
Nearby Cities Average Rent Avg. Rent vs. CordovaAverage Rent vs. Cordova Avg. Days on MarketAverage Days on Market
Germantown $1,429 Increased4.3% ($59) 39 days
Collierville $1,201 Decreased12.3% ($169) 39 days
Arlington $1,628 Increased18.8% ($258) 28 days
Memphis $1,077 Decreased21.4% ($293) 36 days
Millington $1,145 Decreased16.4% ($225) 36 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Cordova Rental Market FAQs

Explore rental prices, market trends, and availability in Cordova, TN.

The average rent in Cordova, TN is $1,370 per month.
Homes in Cordova typically rent for between $768 and $2,267 per month, with an average of $1,370 per month.
In Cordova, the average rent for a 1-bedroom home is $1,097 per month, for a 2-bedroom home, $1,300 per month, and a 3-bedroom home is $1,744 per month.
The average rent in Cordova is 24.2% ($438) lower than the national average of $1,808 per month.
The average rent in Cordova has increased by 2.1% ($28) in the last month and decreased by 12.3% ($192) over the past year.
The rental market in Cordova, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Cordova, TN, the average rental stays on the market for approximately 30 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 77 rental properties available in Cordova, TN.
Based on the current averages, a household would need an annual income of $52,000 to comfortably afford a 2-bedroom home in Cordova.
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