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.
As of June 2026, Tennessee's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Tennessee's average rent is 22.3% ($400) lower than the U.S. average of $1,797.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,165 | 0.7% ($8) | 0.4% ($5) |
| 2 Beds | $1,372 | 0.7% ($9) | 3.7% ($52) |
| 3 Beds | $1,968 | 0.7% ($13) | 5.2% ($107) |
| Top Markets in Tennessee | Average Rent | Avg. Rent vs. TNAverage Rent vs. Tennessee | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Memphis | $1,095 | 21.6% ($302) | 36 days |
| Clarksville | $1,210 | 13.4% ($187) | 35 days |
| Nashville | $1,638 | 17.3% ($241) | 29 days |
| Knoxville | $1,477 | 5.7% ($80) | 35 days |
| Chattanooga | $1,314 | 5.9% ($83) | 30 days |
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