37040 rental market

What is the average rent in 37040?

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Last updated March 1, 2026

Rental market summary

The average rent for all bedrooms and all property types in 37040 is $1,450.

Average rent

$1,450

Month-over-month change

$0

Year-over-year change

+$85

Available rentals

395

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $675 to $7,004.

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Rent frequencies
Rent priceNumber of rental properties
$6005
$70012
$80017
$90023
$1,00032
$1,10025
$1,20039
$1,30056
$1,40065
$1,50053
$1,60022
$1,70021
$1,80020
$1,90016
$2,00010
$2,10011
$2,2008
$2,3006
$2,40025
$2,50024
$2,7002
$2,8001
$2,9005
$3,3002
$5,000+1

Average rent price over time

In the last year, rent has increased by $85 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,410$1,450
Feb$1,375$1,438
Mar$1,350$1,450
Apr$1,395No data
May$1,395No data
Jun$1,400No data
Jul$1,395No data
Aug$1,438No data
Sep$1,495No data
Oct$1,395No data
Nov$1,400No data
Dec$1,450No data

Market temperature

The 37040 rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 37040 is 28% lower than the national average.

37040vs.

$1,450

$2,000

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Frequently asked questions

1. What is the average rent in 37040?

The average rent in 37040 is $1,450.

2. What is the average rent for a studio apartment in 37040?

The average rent for a studio apartment in 37040 is $800 per month.

3. What is the average rent for a one-bedroom apartment in 37040?

The average rent for a one-bedroom apartment in 37040 is $1,052 per month.

4. What is the average rent for a two-bedroom apartment in 37040?

The average rent for a two-bedroom apartment in 37040 is $1,295 per month.

5. What is the average rent for a three-bedroom apartment in 37040?

The average rent for a three-bedroom apartment in 37040 is $1,650 per month.

6. What is the average rent for a four-bedroom apartment in 37040?

The average rent for a four-bedroom apartment in 37040 is $3,645 per month.

7. How much does it cost to rent a house in 37040?

Houses in 37040 rent between $675 - $7,004 with an average rent of $1,450.

8. How has the rent in 37040 changed in the last year?

In the last year, the rent in 37040 increased by $85

9. How much has the rent in 37040 increased/decreased in the last month?

In the last month, the rent in 37040 did not change.

10. How many available rentals are there in 37040?

There are currently 395 rentals available in 37040.

11. How do rent prices in 37040 compare with the national average?

The average rent in 37040 is $1,450 — 27.5% lower the national average of $2,000.

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