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Rental Market Trends in Martin, TN

What is the average rent in Martin, TN?

$794/month

Average Rent

673 Sq Ft

Average Apartment Size

+16.2%

Increase in the Last Year

As of January 2026, the average rent in Martin, TN is $794 per month. This is 51% lower than the national average rent of $1,625/month, making renting in Martin more affordable than most cities in the US. When you rent an apartment in Martin, you can expect to pay about per month for a studio, $794 for a one-bedroom apartment, and around $1,050 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,125 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$794/month
673 Sq Ft
Two Bedroom
$1,050/month
727 Sq Ft
Three Bedroom
$1,125/month
1,076 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,241/month
1,007 Sq Ft
Four Bedroom
$1,795/month
2,758 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 Martin, TN?

In the past year, rent has increased by 16.2%, which averages out to $129 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Martin, TN
Last Updated January 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Martin, 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 Martin, TN?

Because the average rent in Martin is $794, you’ll want to make about $2,646 per month or $31,752 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

Martin, TN

26 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Martin, 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 Martin, TN

Apartment Averages

Nearby City Rent Trends

  • Union City Average Rent

Apartment communities in Martin we think you'll love

The Nest

The Nest

237 W Peach St,
Martin, TN 38237

$1,400 - $1,500

4 Beds

Chapel Ridge Martin

Chapel Ridge Martin

528 Ellis St,
Martin, TN 38237

$659 - $1,175

1-4 Beds

11271 TN-22

11271 TN-22

11271 TN-22,
Martin, TN 38237

$1,350

2 Beds

219 Rebecca St

219 Rebecca St

219 Rebecca St,
Martin, TN 38237

$850

2 Beds

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United States Tennessee Martin 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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

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Equal Housing Opportunity