The Grove Germantown Apartments
7865 Grove Ct W,
Germantown, TN 38138
1-3 Beds | $1,315 - $2,884
Rental Market Trends in Cordova, TN
Updated September 2026
The average rent in Cordova, TN is $1,209/month.
Rent in Cordova is 27% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.
$1,209/month
Average Rent
806 Sq Ft
Average Size
+0.9%
Change / Year
2,819
Available Apartments
Cordova rent varies by unit size and layout:
- Studio apartments in Cordova average $1,215 per month.
- One-bedroom apartments in Cordova average $1,209 per month.
- Two-bedroom apartments in Cordova average $1,333 per month.
- Three-bedroom apartments in Cordova average $1,613 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Cordova, TN?
In the past year, rent has increased by 0.9%, which averages out to $11 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Cordova, TN
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
4%
$700 - $1,000/month
74%
$1,001 - $1,500/month
22%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Cordova?
Based on current rent prices, Gray's Creek and Cordova" 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, Cordova and Gray's Creek" 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 Cordova and Gray's Creek" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cordova, TN?
Because the average rent in Cordova is $1,209, you’ll want to make about $4,030 per month or $48,360 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.
View the Cordova Area GuideStudio
-
$1,358/month
One Bedroom
$1,292/month
$1,145/month
Two Bedroom
$1,500/month
$1,329/month
Three Bedroom
$1,812/month
$1,646/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Germantown
Avg Rent: $1,707/month
-
Bartlett
Avg Rent: $1,447/month
-
Lakeland
Avg Rent: $1,611/month
-
Collierville
Avg Rent: $1,476/month
-
Arlington
Avg Rent: $1,384/month
-
Memphis
Avg Rent: $1,054/month
-
Olive Branch
Avg Rent: $1,380/month
Apartment Communities in Cordova We Think You'll Love
Rental Management, Simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Cordova?
The average rent in Cordova is $1,209 per month, which is 27.3% lower than the national average of $1,664.
What is the average rent for a house in Cordova?
The average rent for a house in Cordova, TN is $1,794 per month.
What is the average rent for a townhome in Cordova?
The average rent for a townhome in Cordova, TN is $1,399 per month.
What is the average rent for a condo in Cordova?
The average rent for a condo in Cordova, TN is $1,541 per month.
Are rents going up or down in Cordova?
Rents in Cordova, TN are increasing, with prices up 0.9% year-over-year and $11 more per month.
What rent range is most common in Cordova?
In Cordova, TN, 74% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 September 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.