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Rental Market Trends in Carthage, TN

Updated September 2026

The average rent in Carthage, TN is $458/month.

Rent in Carthage is 72% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$458/month

Average Rent

0 Sq Ft

Average Size

+1.2%

Change / Year

13

Available Apartments

Carthage rent varies by unit size and layout:

  • Studio apartments in Carthage average per month.
  • One-bedroom apartments in Carthage average $458 per month.
  • Two-bedroom apartments in Carthage average $728 per month.
  • Three-bedroom apartments in Carthage average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$458/month
0 Sq Ft
Two Bedroom
$728/month
873 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,350/month
865 Sq Ft
View Carthage Apartments

How much has average rent changed in Carthage, TN?

In the past year, rent has increased by 1.2%, which averages out to $6 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Carthage, TN

September 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Carthage, TN
Percentage*
Rent Range
50% Below $700/month
50% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Carthage, TN?

Because the average rent in Carthage is $458, you’ll want to make about $1,526 per month or $18,312 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Carthage, TN

13 Available Apartments for Rent

Search for Nearby Apartments

How does Carthage, TN compare to other nearby cities and neighborhoods?

Use the tool below to compare Carthage, TN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Hartsville

    Hartsville

    Avg Rent: $850/month

  • Watertown

    Watertown

    Avg Rent: $1,546/month

Apartment Communities in Carthage We Think You'll Love

Poplar Point Apartments!

Poplar Point Apartments!

112 Swanee Ln,
Carthage, TN 37030

2 Beds | $999

191 Buffalo Rd

191 Buffalo Rd

191 Buffalo Rd,
Carthage, TN 37030

3 Beds | $1,700

130 S Main St

130 S Main St

130 S Main St,
Carthage, TN 37030

2 Beds | $1,100

117 Bright Ave

117 Bright Ave

117 Bright Ave,
Carthage, TN 37030

2 Beds | $1,200

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Frequently Asked Questions

What is the average rent in Carthage?

The average rent in Carthage is $458 per month, which is 72.5% lower than the national average of $1,665.

What is the average rent for a townhome in Carthage?

The average rent for a townhome in Carthage, TN is $1,350 per month.

Are rents going up or down in Carthage?

Rents in Carthage, TN are increasing, with prices up 1.2% year-over-year and $6 more per month.

What rent range is most common in Carthage?

In Carthage, TN, 50% of apartments fall below $700/month, though prices may vary depending on location and other factors.

United States Tennessee Carthage Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity