Nashville-Davidson--Murfreesboro--Franklin, TN Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Nashville-Davidson--Murfreesboro--Franklin, TN
The median asking rent in Nashville-Davidson--Murfreesboro--Franklin, TN is $2,325 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $406,025, that rent level prices Nashville-Davidson--Murfreesboro--Franklin, TN at a 6.78% gross rental yield — compared with 7.64% across Tennessee.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Nashville-Davidson--Murfreesboro--Franklin, TN rent and rental yield comparison
The current Nashville-Davidson--Murfreesboro--Franklin, TN baseline is $2,325 median asking rent and 6.78% gross rental yield. Compare rent, yield, and home values with selected Tennessee metros, then open a public report or Rental Insights for property-level follow-up.
Knoxville, TN
Knoxville, TN median asking rent is $2,100, $225 (9.7%) lower than the $2,325 median asking rent in Nashville-Davidson--Murfreesboro--Franklin, TN.
- Median rent
- $2,100
- Gross yield
- 7.74%
- Avg home value
- $320,368
Memphis, TN-MS-AR
Memphis, TN-MS-AR median asking rent is $1,525, $800 (34.4%) lower than the $2,325 median asking rent in Nashville-Davidson--Murfreesboro--Franklin, TN.
- Median rent
- $1,525
- Gross yield
- 10.01%
- Avg home value
- $179,020
Chattanooga, TN-GA
Chattanooga, TN-GA median asking rent is $2,000, $325 (14%) lower than the $2,325 median asking rent in Nashville-Davidson--Murfreesboro--Franklin, TN.
- Median rent
- $2,000
- Gross yield
- 7.81%
- Avg home value
- $304,688
Kingsport-Bristol, TN-VA
Kingsport-Bristol, TN-VA median asking rent is $1,650, $675 (29%) lower than the $2,325 median asking rent in Nashville-Davidson--Murfreesboro--Franklin, TN.
- Median rent
- $1,650
- Gross yield
- 9.87%
- Avg home value
- $192,669
Jackson, TN
Jackson, TN median asking rent is $1,650, $675 (29%) lower than the $2,325 median asking rent in Nashville-Davidson--Murfreesboro--Franklin, TN.
- Median rent
- $1,650
- Gross yield
- 10.48%
- Avg home value
- $188,160
Paris, TN
Paris, TN median asking rent is $1,200, $1,125 (48.4%) lower than the $2,325 median asking rent in Nashville-Davidson--Murfreesboro--Franklin, TN.
- Median rent
- $1,200
- Gross yield
- 11.42%
- Avg home value
- $137,095
Martin, TN
Martin, TN median asking rent is $1,200, $1,125 (48.4%) lower than the $2,325 median asking rent in Nashville-Davidson--Murfreesboro--Franklin, TN.
- Median rent
- $1,200
- Gross yield
- 11.22%
- Avg home value
- $130,392
Dyersburg, TN
Dyersburg, TN median asking rent is $1,250, $1,075 (46.2%) lower than the $2,325 median asking rent in Nashville-Davidson--Murfreesboro--Franklin, TN.
- Median rent
- $1,250
- Gross yield
- 10.32%
- Avg home value
- $134,912
Nashville-Davidson--Murfreesboro--Franklin, TN rent and yield FAQ
Quick answers based on the latest Nashville-Davidson--Murfreesboro--Franklin, TN rental listing and transaction data.
What is the average rent in Nashville-Davidson--Murfreesboro--Franklin, TN?
As of July 2026, the median asking rent in Nashville-Davidson--Murfreesboro--Franklin, TN is $2,325. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Nashville-Davidson--Murfreesboro--Franklin, TN?
Nashville-Davidson--Murfreesboro--Franklin, TN currently prices at a 6.78% gross rental yield, versus 7.64% across Tennessee. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Nashville-Davidson--Murfreesboro--Franklin, TN market context to property-level screening
Open Rental Insights with Nashville-Davidson--Murfreesboro--Franklin, TN selected, then pair the yield signal with investor activity and rental data workflows.