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

Portland, TN

As of August 2025, Portland's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Portland's average rent is 20.6% ($292) lower than the Tennessee average of $1,417 and 37.2% ($665) lower than the U.S. average of $1,790.

Average Rent

$1,125

Monthly ChangeMonth Over Month Change

0.4% ($5)

Yearly ChangeYear Over Year Change

24.8% ($371)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$947	8% ($70)	20.6% ($246)
2 Beds	$1,139	5.6% ($67)	17.9% ($248)
3 Beds	$1,668	20% ($278)	2.5% ($40)

Nearby Cities	Average Rent	Avg. Rent vs. PortlandAverage Rent vs. Portland	Avg. Days on MarketAverage Days on Market
White House	$1,641	45.9% ($516)	34 days
Gallatin	$1,275	13.3% ($150)	30 days
Franklin	$1,004	10.8% ($121)	36 days
Bethpage	$1,144	1.7% ($19)	32 days
Westmoreland	$1,035	8% ($90)	32 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Portland Rental Market FAQs

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

What is the average rent in Portland, TN?

The average rent in Portland, TN is $1,125 per month.

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

Apartments in Portland typically rent for between $663 and $2,168 per month, with an average of $1,125 per month.

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

In Portland, the average rent for a 1-bedroom apartment is $947 per month, for a 2-bedroom apartment, $1,139 per month, and a 3-bedroom apartment is $1,668 per month.

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

The average rent in Portland is 37.2% ($665) lower than the national average of $1,790 per month.

How have rent prices in Portland, TN changed recently?

The average rent in Portland has decreased by 0.4% ($5) in the last month and decreased by 24.8% ($371) over the past year.

How competitive is the rental market in Portland, TN?

The rental market in Portland, 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 Portland, TN?

In Portland, TN, the average rental stays on the market for approximately 27 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 Portland, TN?

There are currently 10 rental properties available in Portland, TN.

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

Based on the current averages, a household would need an annual income of $45,560 to comfortably afford a 2-bedroom apartment in Portland.