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

Manchester, TN

As of May 2025, Manchester's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Manchester's average rent is 36.7% ($585) lower than the Tennessee average of $1,595 and 43.7% ($783) lower than the U.S. average of $1,793.

Average Rent

$1,010

Monthly ChangeMonth Over Month Change

5.5% ($59)

Yearly ChangeYear Over Year Change

23.3% ($306)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$914	0.9% ($8)	17.3% ($191)
2 Beds	$1,047	11.7% ($139)	18.5% ($238)
3 Beds	$1,700	5.1% ($91)	12.7% ($192)

Nearby Cities	Average Rent	Avg. Rent vs. ManchesterAverage Rent vs. Manchester	Avg. Days on MarketAverage Days on Market
Tullahoma	$1,115	10.4% ($105)	34 days
McMinnville	$820	18.8% ($190)	38 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Manchester Rental Market FAQs

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

What is the average rent in Manchester, TN?

The average rent in Manchester, TN is $1,010 per month.

What is the rental price range for apartments in Manchester, TN?

Apartments in Manchester typically rent for between $640 and $2,210 per month, with an average of $1,010 per month.

What is the average rent for different bedroom sizes in Manchester, TN?

In Manchester, the average rent for a 1-bedroom apartment is $914 per month, for a 2-bedroom apartment, $1,047 per month, and a 3-bedroom apartment is $1,700 per month.

How do rent prices in Manchester, TN compare with the national average?

The average rent in Manchester is 43.7% ($783) lower than the national average of $1,793 per month.

How have rent prices in Manchester, TN changed recently?

The average rent in Manchester has decreased by 5.5% ($59) in the last month and decreased by 23.3% ($306) over the past year.

How competitive is the rental market in Manchester, TN?

The rental market in Manchester, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Manchester, TN?

In Manchester, TN, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Manchester, TN?

There are currently 6 rental properties available in Manchester, TN.

Can I afford to rent an apartment in Manchester, TN?

Based on the current averages, a household would need an annual income of $41,880 to comfortably afford a 2-bedroom apartment in Manchester.