Tennessee,
by the numbers.
A high-level rental-market baseline from official Census and FHFA data. Use it to compare areas before underwriting a specific property.
ACS values are estimates for 2020–2024. FHFA values are seasonally adjusted state index changes for the latest published quarter at retrieval, not a current home price. The insurance figure is the statewide average HO-3 owner-occupied premium from the NAIC 2023 report. These are not listings, asking rents, property-specific tax or insurance quotes, or investment recommendations. Sources and limitations.
Explore places in Tennessee.
Largest Census places by population. Search the full catalog for more locations.
| Place | Population | Median rent | Median home value | Vacancy | Open |
|---|---|---|---|---|---|
| Nashville-Davidson | 690.1K | $1,586 | $413,600 | 9.1% | |
| Memphis | 619K | $1,181 | $169,000 | 12.7% | |
| Knoxville | 195.2K | $1,191 | $239,700 | 10.6% | |
| Chattanooga | 185.8K | $1,256 | $283,200 | 10.1% | |
| Clarksville | 176.5K | $1,307 | $263,600 | 6.2% | |
| Murfreesboro | 161.4K | $1,481 | $402,100 | 8.6% | |
| Franklin | 87.1K | $1,923 | $705,400 | 6.2% | |
| Johnson City | 72.2K | $1,023 | $268,200 | 8.1% | |
| Jackson | 68.4K | $1,145 | $217,800 | 9.2% | |
| Hendersonville | 63.1K | $1,653 | $430,700 | 4.9% | |
| Bartlett | 56.9K | $1,638 | $310,400 | 3.0% | |
| Smyrna | 56.7K | $1,461 | $358,300 | 3.9% |
Model a property in Tennessee.
Start with the statewide ACS medians, then replace every assumption with the property’s actual rent, taxes, insurance and financing.
Use Tennessee baseline