Atoka, Tennessee Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Atoka, Tennessee rental market.
Atoka, Tennessee
Average Apartment Rent in August 2022
$972
Y-o-Y Change in Average
Apartment Rent
26.9%
Compared to a year ago, Atoka, Tennessee apartments have recorded a 26.9% rent increase.
Atoka, Tennessee |Average apartment rent trend
Atoka, Tennessee| Average apartment rent
Atoka, Tennessee | Apartment rent ranges
At 39.14%, apartments priced $700 - $1000 represent the bulk of Atoka, Tennessee rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 16.19%.
Atoka, Tennessee | Housing tenure**
Renters take up 18% of Atoka, Tennessee real estate, occupying a total of 568 units, while homeowners live in 2,565 properties.
Median number of rooms of renter-occupied housing units**
5.6
Renter median household income**
$63,939
Average household size of renter-occupied housing units**
3.27
Rental vacancy rate**
12.2%
Atoka, Tennessee | Renter-occupied housing units by no. of bedrooms**
There are 213 rentals in Atoka, Tennessee with 3 beds making up the highest share of the market, at 38%. Units with 5 or more beds, on the other hand, hold the lowest percentage (5%), amounting to 29 units. Overall, the median number of rooms in Atoka, Tennessee homes for rent is 5.6.
Atoka, Tennessee |Renter-occupied units by age of householder**
Most condos for rent in Atoka, Tennessee are occupied by residents in the 25 - 34 years age group (37%), followed by those in the 35 - 44 years age group (25%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.
Atoka, Tennessee | Renter-occupied housing units by family type**
Atoka, Tennessee | Renter-occupied housing units by the presence of own children**
A total of 395 apartments for rent in Atoka, Tennessee, or 70% of all rentals are family households. Additionally, 44% of rental homes include children under the age of 18 – that’s 249 units. All in all, the median size of a renter-occupied household in Atoka, Tennessee is 3.27.
Atoka, Tennessee | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 19% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Atoka, Tennessee.
Atoka, Tennessee | Renter-occupied units by year structure built**
The highest share of Atoka, Tennessee apartment rentals, namely 48% or 275 units, were Built 2000 - 2009, followed by those Built 2010 - 2013 (17%, 95 units), and the ones Built 1990 - 1999 (9%, 50 units).
Atoka, Tennessee | Renter-occupied units by year householder moved in**
Median year renter moved into unit2016
Most Atoka, Tennessee renters (62%) moved in 2015 to 2016, while only 11% of them moved in 2017 or later. Overall, the median year renters have occupied their Atoka, Tennessee condos for rent is 2016.
Atoka, Tennessee | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of Atoka, Tennessee renters have 1 vehicle available per household, 40% of them have 2 vehicles available, and 13% have 3 vehicles available.
Atoka, Tennessee | Means of transportation to work of householders living in renter-occupied housing units**
Atoka, Tennessee |Geographical mobility in the past year for householders living in renter-occupied housing units**
Atoka, Tennessee | Average apartment rent by zip codes
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Atoka, Tennessee apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2020 American Community Survey 5-Year Estimates
