Park Hills Apartments
1159 Harrison Pike,
Cleveland, TN 37311
$825 - $1,405
Studio - 2 Beds
Rental Market Trends in Cleveland, TN
What is the average rent in Cleveland, TN?
$1,010/month
Average Rent
653 Sq Ft
Average Apartment Size
-1.6%
Decrease in the Last Year
As of April 2026, the average rent in Cleveland, TN is $1,010 per month. This is 38% lower than the national average rent of $1,641/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 $807 per month for a studio, $1,010 for a one-bedroom apartment, and around $1,300 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,762 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Cleveland, TN?
In the past year, rent has decreased by 1.6%, which averages out to $15 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025
2026
Rent Ranges in Cleveland, TN
Last Updated April 2026
Below $701
Most rental prices fall within this range
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
What are the most affordable neighborhoods in Cleveland?
Based on current rent prices, Downtown Cleveland is the most affordable neighborhood in Cleveland.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Cleveland?
Based on current rent prices, Downtown Cleveland is the most expensive neighborhood in Cleveland.
Neighborhood
Average Rent
Average Sq Ft
Which Cleveland neighborhoods have the most rentals available?
The neighborhood in Cleveland with the most apartments available is Downtown Cleveland .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cleveland, TN?
Because the average rent in Cleveland is $1,010, you’ll want to make about $3,366 per month or $40,392 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 $807 - $1,762. You can expect to pay 11.3% less for groceries, 13.1% less for utilities, and 17.2% less for transportation.
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.
Studio
$827/month
$827/month
One Bedroom
$922/month
$922/month
Two Bedroom
$1,266/month
$1,266/month
Three Bedroom
$1,618/month
$1,618/month
Apartment communities in Cleveland we think you'll love
Property Management Companies in Cleveland, TN
RAM Partners
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296
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78,616
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Elmington Capital
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Brookside Properties
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BEZTAK Properties
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91
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Timberland Partners
-
55
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13,227
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47
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1 Community in Cleveland
The Siegel Group
-
33
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-
5,024
Units
-
27
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1 Community in Cleveland
CJ Lombardo Company
-
21
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-
3,053
Units
-
16
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1 Community in Cleveland
Providian Real Estate Management
-
13
Communities
-
1,628
Units
-
9
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1 Community in Cleveland
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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.
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.