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Rental Market Trends in McKenzie, TN

Updated September 2026

The average rent in McKenzie, TN is $407/month.

Rent in McKenzie is 76% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$407/month

Average Rent

695 Sq Ft

Average Size

+1%

Change / Year

2

Available Apartments

McKenzie rent varies by unit size and layout:

  • Studio apartments in McKenzie average per month.
  • One-bedroom apartments in McKenzie average $407 per month.
  • Two-bedroom apartments in McKenzie average $489 per month.
  • Three-bedroom apartments in McKenzie average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$407/month
695 Sq Ft
Two Bedroom
$489/month
950 Sq Ft
View McKenzie Apartments

How much has average rent changed in McKenzie, TN?

In the past year, rent has increased by 1%, which averages out to $4 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in McKenzie, TN

September 2026
Below $701
Most rental prices fall within this range
Rent Ranges in McKenzie, 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 McKenzie, TN?

Because the average rent in McKenzie is $407, you’ll want to make about $1,356 per month or $16,272 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

McKenzie, TN

2 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare McKenzie, 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

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Paris

    Paris

    Avg Rent: $589/month

Apartment Communities in McKenzie We Think You'll Love

3 Mulberry St

3 Mulberry St

3 Mulberry St,
Mc Kenzie, TN 38201

2 Beds | $1,400

252 Paris Pike

252 Paris Pike

252 Paris Pike,
McKenzie, TN 38201

3 Beds | $1,395

806 McCampbell St

806 McCampbell St

806 McCampbell St,
Paris, TN 38242

2 Beds | $1,100

484 Shekinah Ln

484 Shekinah Ln

484 Shekinah Ln,
Huntingdon, TN 38344

3 Beds | $1,290

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Frequently Asked Questions

What is the average rent in McKenzie?

The average rent in McKenzie is $407 per month, which is 75.6% lower than the national average of $1,665.

Are rents going up or down in McKenzie?

Rents in McKenzie, TN are increasing, with prices up 1.0% year-over-year and $4 more per month.

What rent range is most common in McKenzie?

In McKenzie, TN, 100% of apartments fall below $700/month, though prices may vary depending on location and other factors.

United States Tennessee McKenzie 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 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.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity