Homes For Rent in Millington, TN

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What to Know About

Life in Millington & Beyond

Millington 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

Millington, TN

As of March 2025, Millington's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Millington's average rent is 4.0% ($64) lower than the Tennessee average of $1,609 and 13.6% ($243) lower than the U.S. average of $1,788.

Average Rent
$1,545
Monthly ChangeMonth Over Month Change
Decreased1.8% ($29)
Yearly ChangeYear Over Year Change
Decreased4.7% ($76)
Avg. Days on MarketAverage Days on Market
36
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $983 Decreased28.6% ($394) Decreased15.4% ($179)
2 Beds $1,124 Decreased29.8% ($478) Decreased16.8% ($227)
3 Beds $1,570 Decreased16.5% ($310) Decreased3.3% ($53)
Nearby Cities Average Rent Avg. Rent vs. MillingtonAverage Rent vs. Millington Avg. Days on MarketAverage Days on Market
Munford $1,643 Increased6.3% ($98) 38 days
Arlington $1,573 Increased1.8% ($28) 28 days
Cordova $1,840 Increased19.1% ($295) 30 days
Memphis $1,331 Decreased13.9% ($214) 36 days
Germantown $1,286 Decreased16.8% ($259) 39 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Millington Rental Market FAQs

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

The average rent in Millington, TN is $1,545 per month.
Homes in Millington typically rent for between $688 and $2,041 per month, with an average of $1,545 per month.
In Millington, the average rent for a 1-bedroom home is $983 per month, for a 2-bedroom home, $1,124 per month, and a 3-bedroom home is $1,570 per month.
The average rent in Millington is 13.6% ($243) lower than the national average of $1,788 per month.
The average rent in Millington has decreased by 1.8% ($29) in the last month and decreased by 4.7% ($76) over the past year.
The rental market in Millington, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Millington, TN, the average rental stays on the market for approximately 36 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 17 rental properties available in Millington, TN.
Based on the current averages, a household would need an annual income of $44,960 to comfortably afford a 2-bedroom home in Millington.
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