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 August 2025, Millington's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Millington's average rent is 12.8% ($182) higher than the Tennessee average of $1,417 and 10.7% ($191) lower than the U.S. average of $1,790.

Average Rent

$1,599

Monthly ChangeMonth Over Month Change

1.1% ($17)

Yearly ChangeYear Over Year Change

3.6% ($56)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,409	29.7% ($323)	20.3% ($238)
2 Beds	$1,550	28.1% ($340)	13.8% ($188)
3 Beds	$1,738	3.3% ($59)	8.7% ($139)

Nearby Cities	Average Rent	Avg. Rent vs. MillingtonAverage Rent vs. Millington	Avg. Days on MarketAverage Days on Market
Arlington	$1,407	12% ($192)	28 days
Cordova	$1,557	2.6% ($42)	30 days
Memphis	$1,143	28.5% ($456)	36 days
Marion	$679	57.5% ($920)	34 days
West Memphis	$759	52.5% ($840)	35 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.

What is the average rent in Millington, TN?

The average rent in Millington, TN is $1,599 per month.

What is the rental price range for houses in Millington, TN?

Houses in Millington typically rent for between $986 and $2,259 per month, with an average of $1,599 per month.

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

In Millington, the average rent for a 1-bedroom house is $1,409 per month, for a 2-bedroom house, $1,550 per month, and a 3-bedroom house is $1,738 per month.

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

The average rent in Millington is 10.7% ($191) lower than the national average of $1,790 per month.

How have rent prices in Millington, TN changed recently?

The average rent in Millington has decreased by 1.1% ($17) in the last month and increased by 3.6% ($56) over the past year.

How competitive is the rental market in Millington, TN?

The rental market in Millington, 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 Millington, TN?

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.

How many rental properties are available in Millington, TN?

There are currently 7 rental properties available in Millington, TN.

Can I afford to rent a house in Millington, TN?

Based on the current averages, a household would need an annual income of $62,000 to comfortably afford a 2-bedroom house in Millington.