Spring Hill, 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 Spring Hill, Tennessee rental market.
Spring Hill, Tennessee
Average Apartment Rent
$1,648
Y-o-Y Change in Average
Apartment Rent
-0.8%
As of May 2026
Compared to a year ago, Spring Hill, Tennessee apartments have recorded a -0.8% rent decrease.
Spring Hill, Tennessee Average apartment rent trend
Spring Hill, Tennessee Average Apartment Rent
Spring Hill, Tennessee Apartment rent ranges
At 43.11%, apartments priced $1,000 - $1,500 represent the bulk of Spring Hill, Tennessee rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.09%.
Spring Hill, Tennessee Housing tenure**
Renters take up 25% of Spring Hill, Tennessee real estate, occupying a total of 4,477 units, while homeowners live in 13,390 properties.
Median number of rooms of renter-occupied housing units**
5
Renter median household income**
$90,255
Average household size of renter-occupied housing units**
2.76
Rental vacancy rate**
3.7%
Spring Hill, Tennessee Renter-occupied housing units by no. of bedrooms**
There are 1,752 rentals in Spring Hill, Tennessee with 3 beds making up the highest share of the market, at 39%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 57 units. Overall, the median number of rooms in Spring Hill, Tennessee homes for rent is 5.
Spring Hill, Tennessee Renter-occupied units by age of householder**
Most condos for rent in Spring Hill, Tennessee are occupied by residents in the 35 - 44 years age group (37%), followed by those in the 25 - 34 years age group (25%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 4%.
Spring Hill, Tennessee Renter-occupied housing units by family type**
Spring Hill, Tennessee Renter-occupied housing units by the presence of own children**
A total of 3,243 apartments for rent in Spring Hill, Tennessee, or 72% of all rentals are family households. Additionally, 42% of rental homes include children under the age of 18 – that’s 1,896 units. All in all, the median size of a renter-occupied household in Spring Hill, Tennessee is 2.76.
Spring Hill, Tennessee Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 48% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Spring Hill, Tennessee.
Spring Hill, Tennessee Renter-occupied units by year structure built**
The highest share of Spring Hill, Tennessee apartment rentals, namely 34% or 1,514 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (33%, 1,481 units), and the ones Built 1990 - 1999 (19%, 837 units).
Spring Hill, Tennessee Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Spring Hill, Tennessee renters (45%) moved in 2010 to 2017, while only 1% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Spring Hill, Tennessee condos for rent is 2018.
Spring Hill, Tennessee Renter-occupied housing units by vehicles available**
When it comes to transportation options, 51% of Spring Hill, Tennessee renters have 2 vehicles available per household, 32% of them have 1 vehicle available, and 14% have 3 vehicles available.
Spring Hill, Tennessee Means of transportation to work of householders living in renter-occupied housing units**
Spring Hill, 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 Spring Hill, 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