(Rutherford County, TN) Tennessee is in the top ten tier of states that reported significant changes in monthly residential rental prices for apartments and homes. When comparing 2022 rental prices to 2023, it appears overall that Tennessee renters felt an average rental hike that added up to 12.75%, according to Rent.com. In fact, Tennessee as a whole had the 9th largest increase in rental prices.
The monthly apartment rental fee for a 2-bedroom / 2-bathroom unit in Rutherford County starts .
Analysts said rising house prices would also feed into higher demand for services like electricity and repairs, ultimately working their way into the overall inflation basket.