East Ridge, 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 East Ridge, Tennessee rental market.
East Ridge, Tennessee
Average Apartment Rent
$1,167
Y-o-Y Change in Average
Apartment Rent
3%
As of March 2026
Compared to a year ago, East Ridge, Tennessee apartments have recorded a 3% rent increase.
East Ridge, Tennessee Average apartment rent trend
East Ridge, Tennessee Average Apartment Rent
East Ridge, Tennessee Apartment rent ranges
At 61.22%, apartments priced $1,000 - $1,500 represent the bulk of East Ridge, Tennessee rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 4.02%.
East Ridge, Tennessee Housing tenure**
Renters take up 40% of East Ridge, Tennessee real estate, occupying a total of 3,781 units, while homeowners live in 5,777 properties.
Median number of rooms of renter-occupied housing units**
4.6
Renter median household income**
$39,799
Average household size of renter-occupied housing units**
2.31
Rental vacancy rate**
4.7%
East Ridge, Tennessee Renter-occupied housing units by no. of bedrooms**
There are 1,724 rentals in East Ridge, Tennessee with 2 beds making up the highest share of the market, at 46%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 110 units. Overall, the median number of rooms in East Ridge, Tennessee homes for rent is 4.6.
East Ridge, Tennessee Renter-occupied units by age of householder**
Most condos for rent in East Ridge, Tennessee are occupied by residents in the 35 - 44 years age group (24%), followed by those in the 25 - 34 years age group (24%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
East Ridge, Tennessee Renter-occupied housing units by family type**
East Ridge, Tennessee Renter-occupied housing units by the presence of own children**
A total of 2,050 apartments for rent in East Ridge, Tennessee, or 54% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 1,014 units. All in all, the median size of a renter-occupied household in East Ridge, Tennessee is 2.31.
East Ridge, Tennessee Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 20% of the rental market. In contrast, residents with less than a high school degree reside in 16% of the homes for rent in East Ridge, Tennessee.
East Ridge, Tennessee Renter-occupied units by year structure built**
The highest share of East Ridge, Tennessee apartment rentals, namely 27% or 1,037 units, were Built 1970 - 1979, followed by those Built 1950 - 1959 (20%, 771 units), and the ones Built 1980 - 1989 (15%, 569 units).
East Ridge, Tennessee Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most East Ridge, Tennessee renters (44%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their East Ridge, Tennessee condos for rent is 2017.
East Ridge, Tennessee Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of East Ridge, Tennessee renters have 1 vehicle available per household, 35% of them have 2 vehicles available, and 12% have 3 or more vehicles available.
East Ridge, Tennessee Means of transportation to work of householders living in renter-occupied housing units**
East Ridge, Tennessee Geographical mobility in the past year for householders living in renter-occupied housing units**
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 East Ridge, 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
