Tennessee: Median Gross Rent Trend
How Tennessee's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$808
2023
$1,122
Total change
+$314
% change
+38.9%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $808 | — |
| 2019 | $869 | +$61 (7.5%) |
| 2020 | — | — |
| 2021 | $951 | — |
| 2022 | $1,047 | +$96 (10.1%) |
| 2023 | $1,122 | +$75 (7.2%) |