The Grove Germantown Apartments
7865 Grove Ct W,
Germantown, TN 38138
$1,299 - $5,541
1-3 Beds
Rental Market Trends in Cordova, TN
What is the average rent in Cordova, TN?
$1,195/month
Average Rent
806 Sq Ft
Average Apartment Size
-0.7%
Decrease in the Last Year
Cordova, TN Rental Market Overview
The average rent in Cordova, TN is $1,195 per month. This is 27% lower than the national average rent of $1,644/month, making renting in Cordova more affordable than most cities in the US.
- Studio apartments in Cordova average $1,232 per month.
- One-bedroom apartments in Cordova average $1,195 per month.
- Two-bedroom apartments in Cordova average $1,348 per month.
- Three-bedroom apartments in Cordova average $1,605 or more per month.
Data Updated: June, 2026
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 0.7%, which averages out to $8 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 June 2026
Legend
2025
2026
Rent Ranges in Cordova, TN
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
4%
$700 - $1,000/month
59%
$1,001 - $1,500/month
37%
$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, Gray's Creek is the most affordable neighborhood in Cordova.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Cordova?
Based on current rent prices, Gray's Creek is the most expensive neighborhood in Cordova.
Neighborhood
Average Rent
Average Sq Ft
Which Cordova neighborhoods have the most rentals available?
The neighborhood in Cordova with the most apartments available is 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 $1,195, you’ll want to make about $3,983 per month or $47,796 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.
Studio
-
-
One Bedroom
$1,284/month
$1,284/month
Two Bedroom
$1,492/month
$1,492/month
Three Bedroom
$1,795/month
$1,795/month
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 June 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.