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Rental Market Trends in Cleveland, TN

What is the average rent in Cleveland, TN?

$1,028/month

Average Rent

671 Sq Ft

Average Apartment Size

+1.2%

Increase in the Last Year

As of June 2025, the average rent in Cleveland, TN is $1,028 per month. This is 37% lower than the national average rent of $1,628/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 $817 per month for a studio, $1,028 for a one-bedroom apartment, and around $1,290 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,742 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$817/month
466 Sq Ft
One Bedroom
$1,028/month
671 Sq Ft
Two Bedroom
$1,290/month
970 Sq Ft
Three Bedroom
$1,742/month
1,280 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,659/month
767 Sq Ft
Three Bedroom
$1,776/month
1,393 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,437/month
1,102 Sq Ft

How much has average rent changed in Cleveland, TN?

In the past year, rent has increased by 1.2%, which averages out to $13 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Cleveland, TN
Last Updated June 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Cleveland, TN
Percentage*
Rent Range
45% Below $700/month
14% $700 - $1,000/month
27% $1,001 - $1,500/month
5% $1,501 - $2,000/month
9% 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 is the most affordable neighborhood in Cleveland.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Cleveland
$1,282/month
794 Sq Ft

What are the most expensive neighborhoods in Cleveland?

Based on current rent prices, Downtown Cleveland is the most expensive neighborhood in Cleveland.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Cleveland
$1,282/month
794 Sq Ft

Which Cleveland neighborhoods have the most rentals available?

The neighborhood in Cleveland with the most apartments available is Downtown Cleveland .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Cleveland
$1,282/month
794 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 $1,028, you’ll want to make about $3,426 per month or $41,112 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 16.8% lower than the national average. Generally, housing in Cleveland is 18.1% less expensive than the national average, with rent falling between $817 - $1,742. You can expect to pay 11.5% less for groceries, 14.5% less for utilities, and 28.7% less for transportation.

City

Cleveland, TN

171 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

Downtown Cleveland

Cleveland, TN

Studio
$851/month
$851/month
One Bedroom
$989/month
$989/month
Two Bedroom
$1,271/month
$1,271/month
Three Bedroom
$1,656/month
$1,656/month
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Nearby City Rent Trends

  • Ooltewah Average Rent

Apartment communities in Cleveland we think you'll love

stayAPT Suites Cleveland

stayAPT Suites Cleveland

4415 Frontage Rd NW,
Cleveland, TN 37312

1 Bed | $1,800 - $3,000

The Retreat at Spring Creek Apartments

The Retreat at Spring Creek Apartments

260 NE 25th St,
Cleveland, TN 37311

1-3 Beds | $1,364 - $1,919

Vintage Cleveland Apartments

Vintage Cleveland Apartments

2388 Villa Dr,
Cleveland, TN 37312

1-2 Beds | $1,325 - $1,525

The Henley

The Henley

2350 Blackburn Rd SE,
Cleveland, TN 37311

2-3 Beds | $1,299 - $1,699

Property Management Companies in Cleveland, TN

RAM Partners
RAM Partners
  • 294

    Communities

  • 77,148

    Units

  • 169

    Cities

2 Communities in Cleveland
Elmington Capital
Elmington Capital
  • 135

    Communities

  • 23,158

    Units

  • 66

    Cities

1 Community in Cleveland
BEZTAK Properties
BEZTAK Properties
  • 105

    Communities

  • 24,537

    Units

  • 60

    Cities

1 Community in Cleveland
Brookside Properties
Brookside Properties
  • 147

    Communities

  • 24,901

    Units

  • 58

    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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity