Research › State Profiles

Tennessee

Build-to-Rent Market Profile

85%

Build 2 Rent Score

Grade

National Rank

Tier 1

Prosperity

Market Metrics

Income Growth

7.4%

higher is better · Bureau of Labor Statistics (BLS), QCEW

Population Growth

4.6%

higher is better · U.S. Census Bureau, ACS 5-Year Estimates

Rent Growth

6.7%

higher is better · Zillow Observed Rent Index (ZORI)

Job Growth

—

higher is better · Bureau of Labor Statistics, Current Employment Statistics

Vacancy Rate

5.2%

lower is better · U.S. Census Bureau, Housing Vacancy Survey

Crime Rate

410

lower is better · FBI Uniform Crime Reporting (UCR) Program

Building Permits

740

higher is better · U.S. Census Bureau, Building Permits Survey

Land Cost

$39k

lower is better · Zillow ZHVI, 2-BR Tier

Property Taxes

—

lower is better · Tax Foundation, State & Local Property Tax

Insurance Cost

—

lower is better · NAIC / Insurify Insurance Cost Index

Landlord Friendliness

—

higher is better · Rentometer Landlord-Friendly Index

Home Appreciation

—

higher is better · FHFA House Price Index

Growth Profile

High Growth

Population4.6%

Income7.4%

Rent6.7%

Jobs—

Risk Profile

Elevated Risk

Vacancy5.2%

Crime410

Insurance—

Regulation & Cost

Strategy: Balanced

Property Tax—

Landlord Friendliness—

Land Cost (2BR)$39k

Top Cities in Tennessee

Lewisburg (42)Cleveland (41)Blountville (37)Knoxville (36)Ooltewah (34)Lebanon (34)Murfreesboro (31)Millington (28)

Available Models in TennesseeView all

3BR/2.5BA | Single Family Rental (SFR) | Athens, Tennessee | $312,915 | $2,025/mo

Athens · Single Family Rental (SFR)

$312,915

4BR/2BA | Single Family Rental (SFR) | Dayton, Tennessee | $298,340 | $1,950/mo

Dayton · Single Family Rental (SFR)

$298,340

4BR/2.5BA | Single Family Rental (SFR) | Dayton, Tennessee | $324,950 | $2,100/mo

Dayton · Single Family Rental (SFR)

$324,950

5BR/3BA | Single Family Rental (SFR) | Cleveland, Tennessee | $346,630 | $2,250/mo

Cleveland · Single Family Rental (SFR)

$346,630

3BR/2BA | Single Family Rental (SFR) | Dayton, Tennessee | $310,140 | $2,025/mo

Dayton · Single Family Rental (SFR)

$310,140

3BR/2.5BA | Single Family Rental (SFR) | Cleveland, Tennessee | $389,366 | $2,525/mo

Cleveland · Single Family Rental (SFR)

$389,366

Investing in Tennessee?

Talk to a Build 2 Rent specialist about available models, financing, and market strategy for Tennessee.

Tennessee

Growth Profile

Risk Profile

Regulation & Cost

Investing in Tennessee?

Ready to Start Investing?

Join Build 2 Rent