The Grove Germantown Apartments
7865 Grove Ct W,
Germantown, TN 38138
$1,335 - $5,560
1-3 Beds
Rental Market Trends in Cordova, TN
What is the average rent in Cordova, TN?
$1,194/month
Average Rent
806 Sq Ft
Average Apartment Size
-3.9%
Decrease in the Last Year
As of March 2026, the average rent in Cordova, TN is $1,194 per month. This is 27% lower than the national average rent of $1,626/month, making renting in Cordova more affordable than most cities in the US. When you rent an apartment in Cordova, you can expect to pay about $1,334 per month for a studio, $1,194 for a one-bedroom apartment, and around $1,348 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,590 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 Cordova, TN?
In the past year, rent has decreased by 3.9%, which averages out to $46 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 March 2026
Legend
2025
2026
Rent Ranges in Cordova, TN
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
4%
$700 - $1,000/month
70%
$1,001 - $1,500/month
26%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Cordova?
Based on current rent prices, Walnut Creek, Trinity Lakes at Cordova and Gray's Creek are the most affordable neighborhoods in Cordova.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Cordova?
Based on current rent prices, The Gardens of Gray's Hollow, Cordova Club and Applingwood are the most expensive neighborhoods in Cordova.
Neighborhood
Average Rent
Average Sq Ft
Which Cordova neighborhoods have the most rentals available?
The neighborhoods in Cordova with the most apartments available are Gray's Creek, Walnut Creek and The Reserve at Dexter Lake .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cordova, TN?
Because the average rent in Cordova is $1,194, you’ll want to make about $3,980 per month or $47,760 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.
How does Cordova, TN compare to other nearby cities and neighborhoods?
Use the tool below to compare Cordova, 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.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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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.
* Percentages may not total 100 due to rounding.