Arlington, 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 Arlington, Tennessee rental market.
Arlington, Tennessee
Average Apartment Rent
$1,683
Y-o-Y Change in Average
Apartment Rent
11.1%
As of July 2024
Compared to a year ago, Arlington, Tennessee apartments have recorded a 11.1% rent increase.
Arlington, Tennessee |Average apartment rent trend
Arlington, Tennessee| Average apartment rent
Arlington, Tennessee | Apartment rent ranges
At 58.86%, apartments priced $1,000 - $1,500 represent the bulk of Arlington, Tennessee rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 18.26%.
Arlington, Tennessee | Housing tenure**
Renters take up 14% of Arlington, Tennessee real estate, occupying a total of 628 units, while homeowners live in 3,886 properties.
Median number of rooms of renter-occupied housing units**
6.8
Renter median household income**
$49,329
Average household size of renter-occupied housing units**
2.84
Arlington, Tennessee | Renter-occupied housing units by no. of bedrooms**
There are 251 rentals in Arlington, Tennessee with 3 beds making up the highest share of the market, at 40%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 5 units. Overall, the median number of rooms in Arlington, Tennessee homes for rent is 6.8.
Arlington, Tennessee |Renter-occupied units by age of householder**
Most condos for rent in Arlington, Tennessee are occupied by residents in the 45 - 54 years age group (39%), followed by those in the 25 - 34 years age group (22%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 2%.
Arlington, Tennessee | Renter-occupied housing units by family type**
Arlington, Tennessee | Renter-occupied housing units by the presence of own children**
A total of 508 apartments for rent in Arlington, Tennessee, or 81% of all rentals are family households. Additionally, 44% of rental homes include children under the age of 18 – that’s 277 units. All in all, the median size of a renter-occupied household in Arlington, Tennessee is 2.84.
Arlington, Tennessee | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 2% of the homes for rent in Arlington, Tennessee.
Arlington, Tennessee | Renter-occupied units by year structure built**
The highest share of Arlington, Tennessee apartment rentals, namely 43% or 270 units, were Built 2000 - 2009, followed by those Built 1970 - 1979 (29%, 184 units), and the ones Built 2010 - 2019 (15%, 92 units).
Arlington, Tennessee | Renter-occupied units by year householder moved in**
Median year renter moved into unit2019
Most Arlington, Tennessee renters (62%) moved in 2018 to 2020, while only 6% of them moved in 2021 or later. Overall, the median year renters have occupied their Arlington, Tennessee condos for rent is 2019.
Arlington, Tennessee | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of Arlington, Tennessee renters have 2 vehicles available per household, 29% of them have 1 vehicle available, and 14% have 3 or more vehicles available.
Arlington, Tennessee | Means of transportation to work of householders living in renter-occupied housing units**
Arlington, Tennessee |Geographical mobility in the past year for householders living in renter-occupied housing units**
Arlington, 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 Arlington, 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
