Belle Meade, 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 Belle Meade, Tennessee rental market.
Belle Meade, Tennessee
Average Apartment Rent
$2,117
Y-o-Y Change in Average
Apartment Rent
0%
As of November 2024
Compared to a year ago, Belle Meade, Tennessee apartments have recorded a 0% rent increase.
Belle Meade, Tennessee Average apartment rent trend
Belle Meade, Tennessee Average Apartment Rent
Belle Meade, Tennessee Apartment rent ranges
At 42.61%, apartments priced Over $2,000 represent the bulk of Belle Meade, Tennessee rentals, while condos priced $500 - $700 hold the lowest share of the market – 0.83%.
Belle Meade, Tennessee Housing tenure**
Renters take up 3% of Belle Meade, Tennessee real estate, occupying a total of 30 units, while homeowners live in 885 properties.
Median number of rooms of renter-occupied housing units**
9
Renter median household income**
$222,917
Average household size of renter-occupied housing units**
2.9
Belle Meade, Tennessee Renter-occupied housing units by no. of bedrooms**
There are 19 rentals in Belle Meade, Tennessee with 4 beds making up the highest share of the market, at 63%. Units with 3 beds, on the other hand, hold the lowest percentage (17%), amounting to 5 units. Overall, the median number of rooms in Belle Meade, Tennessee homes for rent is 9.
Belle Meade, Tennessee Renter-occupied units by age of householder**
Most condos for rent in Belle Meade, Tennessee are occupied by residents in the 35 - 44 years age group (67%), followed by those in the 45 - 54 years age group (17%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 3%.
Belle Meade, Tennessee Renter-occupied housing units by family type**
Belle Meade, Tennessee Renter-occupied housing units by the presence of own children**
A total of 26 apartments for rent in Belle Meade, Tennessee, or 87% of all rentals are family households. Additionally, 83% of rental homes include children under the age of 18 – that’s 25 units. All in all, the median size of a renter-occupied household in Belle Meade, Tennessee is 2.9.
Belle Meade, Tennessee Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 87% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Belle Meade, Tennessee.
Belle Meade, Tennessee Renter-occupied units by year structure built**
The highest share of Belle Meade, Tennessee apartment rentals, namely 83% or 25 units, were Built 1950 - 1959, followed by those Built 1940 - 1949 (13%, 4 units), and the ones Built 1980 - 1989 (3%, 1 units).
Belle Meade, Tennessee Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Belle Meade, Tennessee renters (70%) moved in 2010 to 2017, while only 13% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Belle Meade, Tennessee condos for rent is 2016.
Belle Meade, Tennessee Renter-occupied housing units by vehicles available**
When it comes to transportation options, 40% of Belle Meade, Tennessee renters have 2 vehicles available per household, 40% of them have 1 vehicle available, and 17% have 3 vehicles available.
Belle Meade, Tennessee Means of transportation to work of householders living in renter-occupied housing units**
Belle Meade, Tennessee Geographical mobility in the past year for householders living in renter-occupied housing units**
Belle Meade, 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 Belle Meade, 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
