Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

Hermitage, TN Rental Market Trends

Highlights

The average rent for an apartment in Hermitage is $1,180, a 6% increase compared to the previous year, when the average rent was $1,110.

Average Rent in Hermitage, TN

Last updated February 2020

Average Rent	Y-o-Y Change	Average Apartment Size
$1,180	6%	966 sq. ft.

The average size for a Hermitage, TN apartment is 966 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.

Hermitage, TN Apartment Rent Ranges

$701-$1,00027%
$1,001-$1,50066%
$1,501-$2,0007%

Hermitage, TN Occupied Housing Units

Renter-occupied Households41%
Owner-occupied Households58%

6,905 or 41% of the households in Hermitage, TN are renter-occupied while 9,788 or 58% are owner-occupied.

Hermitage, 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
Hermitage, TN	$1,037	$1,072	$1,050	$1,050	$1,050	$1,109	$1,110	$1,158	$1,166	$1,180
National	$1,337	$1,368	$1,371	$1,374	$1,408	$1,417	$1,422	$1,458	$1,466	$1,468

How Hermitage Compares to Other Cities

	Average Rent	Y-o-Y Change
Nashville	$1,428	6%
Memphis	$825	5%
Murfreesboro	$1,154	4%
Chattanooga	$1,003	2%
Knoxville	$1,082	6%
Antioch	$1,066	6%
La Vergne	$1,159	4%
Franklin	$1,517	5%
Hermitage	$1,180	6%
Madison	$986	4%
Mount Juliet	$1,405	3%

For more information about the Hermitage 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!

Cheapest Listings on RENTCafé

Park At Hermitage

$808 - $2,738

Studio-2 Beds
1-2 Baths
500 - 1,150 Sq.Ft.

Oakwell Farms Apartments

$840 - $1,315

1-3 Beds
1-2 Baths
600 - 1,300 Sq.Ft.

Jackson Grove Apartment Homes

$870 - $1,295

1-2 Beds
1 Bath
700 - 900 Sq.Ft.

Waterford Landing Apartments

$890 - $1,795

1-3 Beds
1-2 Baths
591 - 1,479 Sq.Ft.

The Arbours Of Hermitage

$945 - $1,500

1-3 Beds
1-2.5 Baths
750 - 1,450 Sq.Ft.

Avalon Of Hermitage

$1,141 - $1,615

2-4 Beds
1.5-2 Baths
1,028 - 1,486 Sq.Ft.

The Edison At Riverwood

$1,214 - $1,898

1-3 Beds
1-2 Baths
724 - 1,348 Sq.Ft.

View more properties

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 Hermitage 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.