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Rental Market Trends in Cleveland, TN

What is the average rent in Cleveland, TN?

$1,029/month

Average Rent

671 Sq Ft

Average Apartment Size

+0.4%

Increase in the Last Year

As of July 2025, the average rent in Cleveland, TN is $1,029 per month. This is 37% lower than the national average rent of $1,637/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 $810 per month for a studio, $1,029 for a one-bedroom apartment, and around $1,293 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,755 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$810/month
466 Sq Ft
One Bedroom
$1,029/month
671 Sq Ft
Two Bedroom
$1,293/month
970 Sq Ft
Three Bedroom
$1,755/month
1,280 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,485/month
1,090 Sq Ft
Three Bedroom
$1,814/month
1,515 Sq Ft
Four Bedroom
$2,366/month
2,135 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,438/month
1,089 Sq Ft
Three Bedroom
$1,714/month
1,379 Sq Ft

How much has average rent changed in Cleveland, TN?

In the past year, rent has increased by 0.4%, which averages out to $5 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Cleveland, TN
Last Updated July 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
23% $1,001 - $1,500/month
9% $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 and Villa Heights" are the most affordable neighborhoods in Cleveland.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Cleveland
$1,298/month
816 Sq Ft
Villa Heights
$1,360/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
$1,360/month
759 Sq Ft
Downtown Cleveland
$1,298/month
816 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
$1,298/month
816 Sq Ft
Villa Heights
$1,360/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 $1,029, you’ll want to make about $3,430 per month or $41,160 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 $810 - $1,755. You can expect to pay 11.5% less for groceries, 14.5% less for utilities, and 28.7% less for transportation.

City

Cleveland, TN

185 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
$841/month
-
One Bedroom
$989/month
-
Two Bedroom
$1,263/month
-
Three Bedroom
$1,649/month
-
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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 - $1,964

The Henley

The Henley

2350 Blackburn Rd SE,
Cleveland, TN 37311

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

Vintage Cleveland Apartments

Vintage Cleveland Apartments

2388 Villa Dr,
Cleveland, TN 37312

1-2 Beds | $1,335 - $1,709

Property Management Companies in Cleveland, TN

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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