37040 rental market
What is the average rent in 37040?
Last updated October 15, 2025
Rental market summary
The average rent for 1 bedroom properties in 37040 is $895.
$895
$0
-$54
32
Source: Zillow Rentals data
Rental price range
The price range for 1 bedroom properties is $725 to $2,932.
| Rent price | Number of rental properties |
|---|---|
| $700 | 7 |
| $800 | 14 |
| $900 | 4 |
| $1,000 | 5 |
| $1,100 | 3 |
| $1,200 | 1 |
| $1,800+ | 1 |
Average rent price over time
In the last year, rent has decreased by $54 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $993 | $950 |
| Feb | $995 | $950 |
| Mar | $925 | $950 |
| Apr | $904 | $1,000 |
| May | $955 | $1,000 |
| Jun | $850 | $949 |
| Jul | $900 | $908 |
| Aug | $945 | $904 |
| Sep | $925 | $895 |
| Oct | $949 | $895 |
| Nov | $1,048 | No data |
| Dec | $995 | No data |
Market temperature
The 37040 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 37040 is 41% lower than the national average.
$895
$1,525
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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 $750 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 $895 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 $1,195 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 $2,133 per month.
7. How much does it cost to rent a house in 37040?
Houses in 37040 rent between $650 - $4,084 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 decreased by $99
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 371 rentals available in 37040.
11. How do rent prices in 37040 compare with the national average?
The average rent in 37040 is $1,450 — Infinity% higher the national average of $0.