Hendersonville, 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 Hendersonville, Tennessee rental market.
Hendersonville, Tennessee
Average Apartment Rent
$1,568
Y-o-Y Change in Average
Apartment Rent
-2.2%
As of May 2026
Compared to a year ago, Hendersonville, Tennessee apartments have recorded a -2.2% rent decrease.
Hendersonville, Tennessee Average apartment rent trend
Hendersonville, Tennessee Average Apartment Rent
Hendersonville, Tennessee Apartment rent ranges
At 48.05%, apartments priced $1,000 - $1,500 represent the bulk of Hendersonville, Tennessee rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.61%.
Hendersonville, Tennessee Housing tenure**
Renters take up 28% of Hendersonville, Tennessee real estate, occupying a total of 6,850 units, while homeowners live in 17,395 properties.
Median number of rooms of renter-occupied housing units**
4.2
Renter median household income**
$57,526
Average household size of renter-occupied housing units**
2.18
Rental vacancy rate**
7.8%
Hendersonville, Tennessee Renter-occupied housing units by no. of bedrooms**
There are 2,908 rentals in Hendersonville, Tennessee with 2 beds making up the highest share of the market, at 42%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 106 units. Overall, the median number of rooms in Hendersonville, Tennessee homes for rent is 4.2.
Hendersonville, Tennessee Renter-occupied units by age of householder**
Most condos for rent in Hendersonville, Tennessee are occupied by residents in the 25 - 34 years age group (27%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Hendersonville, Tennessee Renter-occupied housing units by family type**
Hendersonville, Tennessee Renter-occupied housing units by the presence of own children**
A total of 3,211 apartments for rent in Hendersonville, Tennessee, or 47% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 2,136 units. All in all, the median size of a renter-occupied household in Hendersonville, Tennessee is 2.18.
Hendersonville, Tennessee Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 37% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Hendersonville, Tennessee.
Hendersonville, Tennessee Renter-occupied units by year structure built**
The highest share of Hendersonville, Tennessee apartment rentals, namely 22% or 1,486 units, were Built 2010 - 2019, followed by those Built 1980 - 1989 (17%, 1,183 units), and the ones Built 1970 - 1979 (17%, 1,167 units).
Hendersonville, Tennessee Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Hendersonville, Tennessee renters (43%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Hendersonville, Tennessee condos for rent is 2018.
Hendersonville, Tennessee Renter-occupied housing units by vehicles available**
When it comes to transportation options, 47% of Hendersonville, Tennessee renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 9% have 3 vehicles available.
Hendersonville, Tennessee Means of transportation to work of householders living in renter-occupied housing units**
Hendersonville, 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 Hendersonville, 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
