Middle Valley, 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 Middle Valley, Tennessee rental market.

Middle Valley, Tennessee

Average Apartment Rent

$1,458

Y-o-Y Change in Average
Apartment Rent

-0.1%

As of March 2026

Compared to a year ago, Middle Valley, Tennessee apartments have recorded a -0.1% rent decrease.

Middle Valley, Tennessee Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Middle Valley $1,431 $1,426 $1,425 $1,456 $1,463 $1,457 $1,474 $1,457 $1,458
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Middle Valley
National
Jul 2023
$1,431
$1,735
Nov 2023
$1,426
$1,724
Mar 2024
$1,425
$1,729
Jul 2024
$1,456
$1,750
Nov 2024
$1,463
$1,743
Mar 2025
$1,457
$1,749
Jul 2025
$1,474
$1,763
Nov 2025
$1,457
$1,749
Mar 2026
$1,458
$1,750

Middle Valley, Tennessee Average Apartment Rent

Middle Valley, 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 53.95%, apartments priced $1,000 - $1,500 represent the bulk of Middle Valley, Tennessee rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.34%.

Middle Valley, Tennessee Housing tenure**

Renter occupied housing units 785
Owner occupied housing units 3,564

Renters take up 18% of Middle Valley, Tennessee real estate, occupying a total of 785 units, while homeowners live in 3,564 properties.

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

5.1

Renter median household income**

$77,361

Average household size of renter-occupied housing units**

2.83

Rental vacancy rate**

7.6%

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

1 bed 11
2 beds 171
3 beds 516
4 beds 87

There are 516 rentals in Middle Valley, Tennessee with 3 beds making up the highest share of the market, at 66%. Units with 1 bed, on the other hand, hold the lowest percentage (1%), amounting to 11 units. Overall, the median number of rooms in Middle Valley, Tennessee homes for rent is 5.1.

Middle Valley, Tennessee Renter-occupied units by age of householder**

15 - 24 years 103
25 - 34 years 157
35 - 44 years 133
45 - 54 years 166
55 - 59 years 81
60 - 64 years 33
65 - 74 years 57
75 - 84 years 23
85 years and over 32

Most condos for rent in Middle Valley, Tennessee are occupied by residents in the 45 - 54 years age group (21%), followed by those in the 25 - 34 years age group (20%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 3%.

Middle Valley, Tennessee Renter-occupied housing units by family type**

Family households 599
Non-Family Households 186

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

With related children of the householder under 18 258
No related children of the householder under 18 527

A total of 599 apartments for rent in Middle Valley, Tennessee, or 76% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 258 units. All in all, the median size of a renter-occupied household in Middle Valley, Tennessee is 2.83.

Middle Valley, Tennessee Renter-occupied housing units by educational attainment**

Less than high school graduate 92
High school graduate (including equivalency) 269
Some college or associate's degree 230
Bachelor's degree or higher 194

In terms of education, renters holding bachelor degrees or higher make up 25% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in Middle Valley, Tennessee.

Middle Valley, Tennessee Renter-occupied units by year structure built**

Built 2020 or later 15
Built 2010 - 2019 61
Built 2000 - 2009 34
Built 1990 - 1999 91
Built 1980 - 1989 162
Built 1970 - 1979 231
Built 1960 - 1969 166
Built 1940 - 1949 25

The highest share of Middle Valley, Tennessee apartment rentals, namely 29% or 231 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (21%, 166 units), and the ones Built 1980 - 1989 (21%, 162 units).

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

Moved in 2021 or later 84
Moved in 2018 to 2020 213
Moved in 2010 to 2017 400
Moved in 2000 to 2009 36
Moved in 1990 to 1999 26
Moved in 1989 or earlier 26

Median year renter moved into unit 2016

Most Middle Valley, Tennessee renters (51%) moved in 2010 to 2017, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Middle Valley, Tennessee condos for rent is 2016.

Middle Valley, Tennessee Renter-occupied housing units by vehicles available**

No vehicle available 21
1 vehicle available 132
2 vehicles available 358
3 vehicles available 191
4 or more vehicles available 83

When it comes to transportation options, 46% of Middle Valley, Tennessee renters have 2 vehicles available per household, 24% of them have 3 vehicles available, and 17% have 1 vehicle available.

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

Car, truck, or van - drove alone 1,188
Car, truck, or van - carpooled 50
Walked 25
Taxicab, motorcycle, bicycle, or other means 21
Worked at home 145

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

Same house as 1 year ago 1,657
Moved within same county 344
Moved from different county within same state 167
Moved from different state 50

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 Middle Valley, 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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