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Rental Market Trends in Madisonville, TN

What is the average rent in Madisonville, TN?

$1,137/month

Average Rent

900 Sq Ft

Average Apartment Size

-3.8%

Decrease in the Last Year

As of May 2025, the average rent in Madisonville, TN is $1,137 per month. This is 30% lower than the national average rent of $1,625/month, making renting in Madisonville more affordable than most cities in the US. When you rent an apartment in Madisonville, you can expect to pay about per month for a studio, $1,137 for a one-bedroom apartment, and around $840 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $771 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,137/month
900 Sq Ft
Two Bedroom
$840/month
906 Sq Ft
Three Bedroom
$771/month
1,443 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 Madisonville, TN?

In the past year, rent has decreased by 3.8%, which averages out to $43 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 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Madisonville, TN
Last Updated May 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Madisonville, TN
Percentage*
Rent Range
0% Below $700/month
50% $700 - $1,000/month
50% $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 Madisonville, TN?

Because the average rent in Madisonville is $1,137, you’ll want to make about $3,790 per month or $45,480 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

Madisonville, TN

23 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Madisonville, 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.

Apartment Averages

Nearby City Rent Trends

  • Athens Average Rent

Apartment communities in Madisonville we think you'll love

New Adventure Apartments

New Adventure Apartments

142 Church St,
Madisonville, TN 37354

2 Beds | $1,095 - $1,195

Tanasi Bend Apartments

Tanasi Bend Apartments

529 Isbill Rd,
Madisonville, TN 37354

1-2 Beds | $775 - $975

Mountain View Apartments

Mountain View Apartments

135 Warren St,
Madisonville, TN 37354

1-2 Beds | $1,095 - $1,400

658 Old Tellico Hwy N

658 Old Tellico Hwy N

658 Old Tellico Hwy N,
Madisonville, TN 37354

2 Beds | $1,100

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United States Tennessee Madisonville 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity