East Ridge, TN Rental Market Trends
Highlights
The average rent for an apartment in East Ridge is $759, a 4% increase compared to the previous year, when the average rent was $731.
Average Rent in East Ridge, TN
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $759 | 4% | 914 sq. ft. |
The average size for a East Ridge, TN apartment is 914 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
East Ridge, TN Apartment Rent Ranges
- $501-$70042%
- $701-$1,00056%
- $1,001-$1,5001%
East Ridge, TN Occupied Housing Units
- Renter-occupied Households42%
- Owner-occupied Households57%
3,729 or 42% of the households in East Ridge, TN are renter-occupied while 4,987 or 57% are owner-occupied.
East Ridge, TN Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| East Ridge, TN | $687 | $696 | $706 | $715 | $715 | $729 | $731 | $746 | $762 | $759 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
How East Ridge Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Memphis | $825 | 5% |
| Nashville | $1,428 | 6% |
| Chattanooga | $1,003 | 2% |
| Knoxville | $1,082 | 6% |
| Murfreesboro | $1,154 | 4% |
| Cleveland | $851 | 5% |
| Red Bank | $1,023 | 3% |
| Dalton | $816 | 3% |
| East Cleveland | $846 | 3% |
| Fort Oglethorpe | $730 | 7% |
| East Ridge | $759 | 4% |
For more information about the East Ridge rental trends, check out our monthly rent report
Check out Tennessee Cities, Tennessee Neighborhoods and Tennessee Zip Codes for more details on verified listings, including the Tennessee Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!