Atoka, Tennessee Rental Market Trends

Disclaimer:

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

$1,150

Y-o-Y Change in Average
Apartment Rent

0.3%

As of November 2024

Compared to a year ago, Atoka, Tennessee apartments have recorded a 0.3% rent increase.

Atoka, Tennessee Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Atoka $823 $879 $972 $976 $1,041 $1,357 $1,147 $1,147 $1,118 $1,150
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Atoka
National
Nov 2021
$823
$1,596
Mar 2022
$879
$1,635
Jul 2022
$972
$1,708
Nov 2022
$976
$1,726
Mar 2023
$1,041
$1,714
Jul 2023
$1,357
$1,739
Nov 2023
$1,147
$1,733
Mar 2024
$1,147
$1,727
Jul 2024
$1,118
$1,752
Nov 2024
$1,150
$1,748

Atoka, Tennessee Average Apartment Rent

Atoka, Tennessee Apartment rent ranges

Under $500
$500 - $700
$700 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 60.32%, apartments priced $700 - $1000 represent the bulk of Atoka, Tennessee rentals, while condos priced Over $2,000 hold the lowest share of the market – 3.78%.

Atoka, Tennessee Housing tenure**

Renter occupied housing units 561
Owner occupied housing units 3,232

Renters take up 15% of Atoka, Tennessee real estate, occupying a total of 561 units, while homeowners live in 3,232 properties.

Median number of rooms of renter-occupied housing units**

6.1

Renter median household income**

$77,739

Average household size of renter-occupied housing units**

3.3

Rental vacancy rate**

10.7%

Atoka, Tennessee Renter-occupied housing units by no. of bedrooms**

1 bed 41
2 beds 82
3 beds 320
4 beds 76
5 or more beds 42

There are 320 rentals in Atoka, Tennessee with 3 beds making up the highest share of the market, at 57%. Units with 1 bed, on the other hand, hold the lowest percentage (7%), amounting to 41 units. Overall, the median number of rooms in Atoka, Tennessee homes for rent is 6.1.

Atoka, Tennessee Renter-occupied units by age of householder**

15 - 24 years 117
25 - 34 years 297
35 - 44 years 69
45 - 54 years 29
55 - 59 years 23
60 - 64 years 14
75 - 84 years 12

Most condos for rent in Atoka, Tennessee are occupied by residents in the 25 - 34 years age group (53%), followed by those in the 15 - 24 years age group (21%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 2%.

Atoka, Tennessee Renter-occupied housing units by family type**

Family households 488
Non-Family Households 73

Atoka, Tennessee Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 309
No related children of the householder under 18 252

A total of 488 apartments for rent in Atoka, Tennessee, or 87% of all rentals are family households. Additionally, 55% of rental homes include children under the age of 18 – that’s 309 units. All in all, the median size of a renter-occupied household in Atoka, Tennessee is 3.3.

Atoka, Tennessee Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 196
Some college or associate's degree 287
Bachelor's degree or higher 78

In terms of education, renters holding bachelor degrees or higher make up 14% 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**

Built 2010 - 2019 45
Built 2000 - 2009 235
Built 1990 - 1999 82
Built 1970 - 1979 50
Built 1960 - 1969 14
Built 1950 - 1959 66
Built 1940 - 1949 51
Built 1939 or earlier 18

The highest share of Atoka, Tennessee apartment rentals, namely 42% or 235 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (15%, 82 units), and the ones Built 1950 - 1959 (12%, 66 units).

Atoka, Tennessee Renter-occupied units by year householder moved in**

Moved in 2021 or later 12
Moved in 2018 to 2020 238
Moved in 2010 to 2017 311

Median year renter moved into unit 2017

Most Atoka, Tennessee renters (55%) moved in 2010 to 2017, while only 2% of them moved in 2021 or later. Overall, the median year renters have occupied their Atoka, Tennessee condos for rent is 2017.

Atoka, Tennessee Renter-occupied housing units by vehicles available**

No vehicle available 18
1 vehicle available 195
2 vehicles available 275
3 vehicles available 64
4 or more vehicles available 9

When it comes to transportation options, 49% of Atoka, Tennessee renters have 2 vehicles available per household, 35% of them have 1 vehicle available, and 11% have 3 vehicles available.

Atoka, Tennessee Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 705
Car, truck, or van - carpooled 11
Taxicab, motorcycle, bicycle, or other means 18
Worked at home 12

Atoka, Tennessee Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 1,688
Moved within same county 115
Moved from different county within same state 23
Moved from different state 15

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, 2022 American Community Survey 5-Year Estimates

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