Smyrna, 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 Smyrna, Tennessee rental market.
Smyrna, Tennessee
Average Apartment Rent
$1,591
Y-o-Y Change in Average
Apartment Rent
2.6%
As of May 2026
Compared to a year ago, Smyrna, Tennessee apartments have recorded a 2.6% rent increase.
Smyrna, Tennessee Average apartment rent trend
Smyrna, Tennessee Average Apartment Rent
Smyrna, Tennessee Apartment rent ranges
At 50.15%, apartments priced $1,500 - $2,000 represent the bulk of Smyrna, Tennessee rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 1.34%.
Smyrna, Tennessee Housing tenure**
Renters take up 43% of Smyrna, Tennessee real estate, occupying a total of 8,163 units, while homeowners live in 10,989 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$54,155
Average household size of renter-occupied housing units**
2.7
Rental vacancy rate**
4.6%
Smyrna, Tennessee Renter-occupied housing units by no. of bedrooms**
There are 3,450 rentals in Smyrna, 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 (1%), amounting to 43 units. Overall, the median number of rooms in Smyrna, Tennessee homes for rent is 4.5.
Smyrna, Tennessee Renter-occupied units by age of householder**
Most condos for rent in Smyrna, Tennessee are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 35 - 44 years age group (25%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Smyrna, Tennessee Renter-occupied housing units by family type**
Smyrna, Tennessee Renter-occupied housing units by the presence of own children**
A total of 5,077 apartments for rent in Smyrna, Tennessee, or 62% of all rentals are family households. Additionally, 44% of rental homes include children under the age of 18 – that’s 3,576 units. All in all, the median size of a renter-occupied household in Smyrna, Tennessee is 2.7.
Smyrna, 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 13% of the homes for rent in Smyrna, Tennessee.
Smyrna, Tennessee Renter-occupied units by year structure built**
The highest share of Smyrna, Tennessee apartment rentals, namely 21% or 1,710 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (19%, 1,532 units), and the ones Built 1980 - 1989 (17%, 1,422 units).
Smyrna, Tennessee Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Smyrna, Tennessee renters (50%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Smyrna, Tennessee condos for rent is 2017.
Smyrna, Tennessee Renter-occupied housing units by vehicles available**
When it comes to transportation options, 50% of Smyrna, Tennessee renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 11% have 3 vehicles available.
Smyrna, Tennessee Means of transportation to work of householders living in renter-occupied housing units**
Smyrna, 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 Smyrna, 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
