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Rental Market Trends in Fayetteville, TN

What is the average rent in Fayetteville, TN?

$580/month

Average Rent

640 Sq Ft

Average Apartment Size

-15.7%

Decrease in the Last Year

As of May 2026, the average rent in Fayetteville, TN is $580 per month. This is 65% lower than the national average rent of $1,642/month, making renting in Fayetteville more affordable than most cities in the US. When you rent an apartment in Fayetteville, you can expect to pay about per month for a studio, $580 for a one-bedroom apartment, and around $580 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$580/month
640 Sq Ft
Two Bedroom
$580/month
709 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 Fayetteville, TN?

In the past year, rent has decreased by 15.7%, which averages out to $90 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 May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Fayetteville, TN
Last Updated May 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Fayetteville, TN
Percentage*
Rent Range
100% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Fayetteville, TN?

Because the average rent in Fayetteville is $580, you’ll want to make about $1,933 per month or $23,196 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.

City

Fayetteville, TN

8 Available Apartments for Rent

Search for Nearby Apartments

How does Fayetteville, TN compare to other nearby cities and neighborhoods?

Use the tool below to compare Fayetteville, 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 Fayetteville, TN

Apartment Averages

Apartment communities in Fayetteville we think you'll love

Sterling Greene

Sterling Greene

100 Sterling Greene Way,
Fayetteville, TN 37334

$986 - $1,060

2-4 Beds

307 Washington St W

307 Washington St W

307 Washington St W,
Fayetteville, TN 37334

$1,350 Total Monthly Price

3 Beds | 12 Month Lease

310 Green St

310 Green St

310 Green St,
Fayetteville, TN 37334

$1,075 Total Monthly Price

3 Beds | 12 Month Lease

Holly Anne

Holly Anne

105 London Calvin Way,
Hazel Green, AL 35750

$1,599 - $1,699

4 Beds

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United States Tennessee Fayetteville 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 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.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity