Bartlett, 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 Bartlett, Tennessee rental market.

Bartlett, Tennessee

Average Apartment Rent

$1,142

Y-o-Y Change in Average
Apartment Rent

0.9%

As of November 2024

Compared to a year ago, Bartlett, Tennessee apartments have recorded a 0.9% rent increase.

Bartlett, 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
Bartlett $1,055 $1,069 $1,122 $1,088 $1,090 $1,124 $1,132 $1,109 $1,144 $1,142
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Bartlett
National
Nov 2021
$1,055
$1,596
Mar 2022
$1,069
$1,635
Jul 2022
$1,122
$1,708
Nov 2022
$1,088
$1,726
Mar 2023
$1,090
$1,714
Jul 2023
$1,124
$1,739
Nov 2023
$1,132
$1,733
Mar 2024
$1,109
$1,727
Jul 2024
$1,144
$1,752
Nov 2024
$1,142
$1,748

Bartlett, Tennessee Average Apartment Rent

Bartlett, Tennessee Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 50.6%, apartments priced $1,000 - $1,500 represent the bulk of Bartlett, Tennessee rentals, while condos priced Over $2,000 hold the lowest share of the market – 1.49%.

Bartlett, Tennessee Housing tenure**

Renter occupied housing units 3,060
Owner occupied housing units 16,888

Renters take up 15% of Bartlett, Tennessee real estate, occupying a total of 3,060 units, while homeowners live in 16,888 properties.

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

5.8

Renter median household income**

$58,309

Average household size of renter-occupied housing units**

2.38

Rental vacancy rate**

4.8%

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

No bedrooms 82
1 bed 566
2 beds 578
3 beds 904
4 beds 765
5 or more beds 165

There are 904 rentals in Bartlett, Tennessee with 3 beds making up the highest share of the market, at 30%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 82 units. Overall, the median number of rooms in Bartlett, Tennessee homes for rent is 5.8.

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

15 - 24 years 146
25 - 34 years 557
35 - 44 years 647
45 - 54 years 748
55 - 59 years 170
60 - 64 years 160
65 - 74 years 357
75 - 84 years 105
85 years and over 170

Most condos for rent in Bartlett, Tennessee are occupied by residents in the 45 - 54 years age group (24%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 3%.

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

Family households 1,912
Non-Family Households 1,148

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

With related children of the householder under 18 940
No related children of the householder under 18 2,120

A total of 1,912 apartments for rent in Bartlett, Tennessee, or 62% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 940 units. All in all, the median size of a renter-occupied household in Bartlett, Tennessee is 2.38.

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

Less than high school graduate 175
High school graduate (including equivalency) 740
Some college or associate's degree 971
Bachelor's degree or higher 1,174

In terms of education, renters holding bachelor degrees or higher make up 38% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Bartlett, Tennessee.

Bartlett, Tennessee Renter-occupied units by year structure built**

Built 2010 - 2019 630
Built 2000 - 2009 458
Built 1990 - 1999 901
Built 1980 - 1989 336
Built 1970 - 1979 450
Built 1960 - 1969 84
Built 1950 - 1959 126
Built 1940 - 1949 37
Built 1939 or earlier 38

The highest share of Bartlett, Tennessee apartment rentals, namely 29% or 901 units, were Built 1990 - 1999, followed by those Built 2010 - 2019 (21%, 630 units), and the ones Built 2000 - 2009 (15%, 458 units).

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

Moved in 2021 or later 143
Moved in 2018 to 2020 1,063
Moved in 2010 to 2017 1,475
Moved in 2000 to 2009 286
Moved in 1990 to 1999 19
Moved in 1989 or earlier 74

Median year renter moved into unit 2016

Most Bartlett, Tennessee renters (48%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Bartlett, Tennessee condos for rent is 2016.

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

No vehicle available 400
1 vehicle available 808
2 vehicles available 1,175
3 vehicles available 588
4 or more vehicles available 89

When it comes to transportation options, 38% of Bartlett, Tennessee renters have 2 vehicles available per household, 26% of them have 1 vehicle available, and 19% have 3 vehicles available.

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

Car, truck, or van - drove alone 2,917
Car, truck, or van - carpooled 351
Worked at home 193

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

Same house as 1 year ago 5,549
Moved within same county 979
Moved from different county within same state 322
Moved from different state 202
Moved from abroad 92

Bartlett, 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 Bartlett, 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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