Elizabethton, 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 Elizabethton, Tennessee rental market.

Elizabethton, Tennessee

Average Apartment Rent

$1,034

Y-o-Y Change in Average
Apartment Rent

-1.8%

As of March 2026

Compared to a year ago, Elizabethton, Tennessee apartments have recorded a -1.8% rent decrease.

Elizabethton, Tennessee Average apartment rent trend

Median Rent Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Elizabethton $1,043 $1,053 $1,062 $1,052 $1,034
National $1,724 $1,729 $1,750 $1,743 $1,749
Elizabethton
National
Nov 2024
$1,043
$1,724
Mar 2025
$1,053
$1,729
Jul 2025
$1,062
$1,750
Nov 2025
$1,052
$1,743
Mar 2026
$1,034
$1,749

Elizabethton, Tennessee Average Apartment Rent

Elizabethton, Tennessee Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 67.74%, apartments priced Under $1,000 represent the bulk of Elizabethton, Tennessee rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 32.26%.

Elizabethton, Tennessee Housing tenure**

Renter occupied housing units 2,171
Owner occupied housing units 3,445

Renters take up 39% of Elizabethton, Tennessee real estate, occupying a total of 2,171 units, while homeowners live in 3,445 properties.

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

4.3

Renter median household income**

$31,433

Average household size of renter-occupied housing units**

2.34

Rental vacancy rate**

4.4%

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

No bedrooms 60
1 bed 489
2 beds 985
3 beds 556
4 beds 44
5 or more beds 37

There are 985 rentals in Elizabethton, Tennessee with 2 beds making up the highest share of the market, at 45%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 37 units. Overall, the median number of rooms in Elizabethton, Tennessee homes for rent is 4.3.

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

15 - 24 years 138
25 - 34 years 709
35 - 44 years 321
45 - 54 years 234
55 - 59 years 184
60 - 64 years 123
65 - 74 years 291
75 - 84 years 115
85 years and over 56

Most condos for rent in Elizabethton, Tennessee are occupied by residents in the 25 - 34 years age group (33%), followed by those in the 35 - 44 years age group (15%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.

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

Family households 1,195
Non-Family Households 976

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

With related children of the householder under 18 782
No related children of the householder under 18 1,389

A total of 1,195 apartments for rent in Elizabethton, Tennessee, or 55% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 782 units. All in all, the median size of a renter-occupied household in Elizabethton, Tennessee is 2.34.

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

Less than high school graduate 237
High school graduate (including equivalency) 819
Some college or associate's degree 823
Bachelor's degree or higher 292

In terms of education, renters holding bachelor degrees or higher make up 13% of the rental market. In contrast, residents with less than a high school degree reside in 11% of the homes for rent in Elizabethton, Tennessee.

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

Built 2010 - 2019 182
Built 2000 - 2009 200
Built 1990 - 1999 105
Built 1980 - 1989 252
Built 1970 - 1979 406
Built 1960 - 1969 371
Built 1950 - 1959 249
Built 1940 - 1949 143
Built 1939 or earlier 263

The highest share of Elizabethton, Tennessee apartment rentals, namely 19% or 406 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (17%, 371 units), and the ones Built 1939 or earlier (12%, 263 units).

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

Moved in 2021 or later 151
Moved in 2018 to 2020 529
Moved in 2010 to 2017 1,224
Moved in 2000 to 2009 163
Moved in 1990 to 1999 57
Moved in 1989 or earlier 47

Median year renter moved into unit 2015

Most Elizabethton, Tennessee renters (56%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Elizabethton, Tennessee condos for rent is 2015.

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

No vehicle available 359
1 vehicle available 1,085
2 vehicles available 584
3 vehicles available 121
4 or more vehicles available 22

When it comes to transportation options, 50% of Elizabethton, Tennessee renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 17% have No vehicle available.

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

Car, truck, or van - drove alone 1,365
Car, truck, or van - carpooled 168
Walked 21
Taxicab, motorcycle, bicycle, or other means 31
Worked at home 160

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

Same house as 1 year ago 4,186
Moved within same county 294
Moved from different county within same state 240
Moved from different state 235

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 Elizabethton, 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

Check out rentals available in Elizabethton, Tennessee