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Rental Market Trends in Cleveland, TN

What is the average rent in Cleveland, TN?

$1,018/month

Average Rent

653 Sq Ft

Average Apartment Size

+0.6%

Increase in the Last Year

As of March 2026, the average rent in Cleveland, TN is $1,018 per month. This is 37% lower than the national average rent of $1,627/month, making renting in Cleveland more affordable than most cities in the US. When you rent an apartment in Cleveland, you can expect to pay about $806 per month for a studio, $1,018 for a one-bedroom apartment, and around $1,318 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,753 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$806/month
476 Sq Ft
One Bedroom
$1,018/month
653 Sq Ft
Two Bedroom
$1,318/month
1,031 Sq Ft
Three Bedroom
$1,753/month
1,275 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,273/month
538 Sq Ft
Three Bedroom
$1,780/month
1,215 Sq Ft
Four Bedroom
$2,008/month
1,992 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,203/month
780 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,213/month
733 Sq Ft
Three Bedroom
$1,777/month
1,199 Sq Ft

How much has average rent changed in Cleveland, TN?

In the past year, rent has increased by 0.6%, which averages out to $7 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Cleveland, TN
Last Updated March 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Cleveland, TN
Percentage*
Rent Range
31% Below $700/month
27% $700 - $1,000/month
27% $1,001 - $1,500/month
8% $1,501 - $2,000/month
8% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Cleveland?

Based on current rent prices, Downtown Cleveland and Villa Heights" are the most affordable neighborhoods in Cleveland.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Cleveland
$1,222/month
751 Sq Ft
Villa Heights
$1,334/month
759 Sq Ft

What are the most expensive neighborhoods in Cleveland?

Based on current rent prices, Villa Heights and Downtown Cleveland" are the most expensive neighborhoods in Cleveland.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Villa Heights
$1,334/month
759 Sq Ft
Downtown Cleveland
$1,222/month
751 Sq Ft

Which Cleveland neighborhoods have the most rentals available?

The neighborhoods in Cleveland with the most apartments available are Downtown Cleveland and Villa Heights" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Cleveland
$1,222/month
751 Sq Ft
Villa Heights
$1,334/month
759 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Cleveland is $1,018, you’ll want to make about $3,393 per month or $40,716 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.

Cost of Living

The cost of living in Cleveland, TN is 14.4% lower than the national average. Generally, housing in Cleveland is 14.4% less expensive than the national average, with rent falling between $806 - $1,753. You can expect to pay 11.3% less for groceries, 13.1% less for utilities, and 17.2% less for transportation.

City

Cleveland, TN

301 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Cleveland, 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.

Explore the Area Guide for Cleveland, TN

Apartment Averages

Downtown Cleveland

Cleveland, TN

Villa Heights

Cleveland, TN

Studio
$826/month
-
One Bedroom
$933/month
-
Two Bedroom
$1,288/month
-
Three Bedroom
$1,600/month
-
Search
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Apartment communities in Cleveland we think you'll love

Park Hills Apartments

Park Hills Apartments

1159 Harrison Pike,
Cleveland, TN 37311

$825 - $1,405

Studio - 2 Beds

Vintage Cleveland Apartments

Vintage Cleveland Apartments

2388 Villa Dr,
Cleveland, TN 37312

$1,299 - $1,584

1-2 Beds

The Retreat at Spring Creek Apartments

The Retreat at Spring Creek Apartments

260 NE 25th St,
Cleveland, TN 37311

$1,364 - $1,984

1-3 Beds

The Arbors

The Arbors

1921 Cypress Ln,
Cleveland, TN 37323

$1,700 - $1,800

3 Beds

Property Management Companies in Cleveland, TN

RAM Partners
RAM Partners
  • 293

    Communities

  • 77,793

    Units

  • 169

    Cities

2 Communities in Cleveland
Elmington Capital
Elmington Capital
  • 133

    Communities

  • 21,884

    Units

  • 71

    Cities

1 Community in Cleveland
Brookside Properties
Brookside Properties
  • 150

    Communities

  • 25,789

    Units

  • 60

    Cities

1 Community in Cleveland
BEZTAK Properties
BEZTAK Properties
  • 91

    Communities

  • 23,189

    Units

  • 50

    Cities

1 Community in Cleveland
Timberland Partners
Timberland Partners
  • 54

    Communities

  • 13,003

    Units

  • 46

    Cities

1 Community in Cleveland
The Siegel Group
The Siegel Group
  • 33

    Communities

  • 5,024

    Units

  • 27

    Cities

1 Community in Cleveland
CJ Lombardo Company
CJ Lombardo Company
  • 21

    Communities

  • 3,053

    Units

  • 16

    Cities

1 Community in Cleveland
Providian Real Estate Management
Providian Real Estate Management
  • 13

    Communities

  • 1,628

    Units

  • 9

    Cities

1 Community in Cleveland

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United States Tennessee Cleveland 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity