37203 rental market

What is the average rent in 37203?

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Last updated August 31, 2026

Rental market summary

The average rent for all bedrooms and all property types in 37203 is $2,250.

Average rent

$2,250

Month-over-month change

-$135

Year-over-year change

-$250

Available rentals

247

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $895 to $16,500.

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Rent frequencies
Rent priceNumber of rental properties
$8001
$9002
$1,0003
$1,1004
$1,2007
$1,30010
$1,4007
$1,50012
$1,60012
$1,70024
$1,80015
$1,90021
$2,00014
$2,10015
$2,20011
$2,30012
$2,40010
$2,5009
$2,6003
$2,7008
$2,8009
$2,9006
$3,0003
$3,1001
$3,2004
$3,3003
$3,4005
$3,5002
$3,6001
$3,7004
$3,8003
$3,9005
$4,0001
$4,1001
$4,2005
$4,3005
$4,4006
$4,5005
$4,6003
$4,7001
$4,8001
$4,9005
$5,000+23

Average rent price over time

In the last year, rent has decreased by $250 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,500$2,500
Feb$2,500$2,500
Mar$2,700$2,500
Apr$2,495$2,417
May$2,465$2,531
Jun$2,615$2,439
Jul$2,600$2,374
Aug$2,565$2,385
Sep$2,486No data
Oct$2,499No data
Nov$2,505No data
Dec$2,642No data

Market temperature

The 37203 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.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 37203 is 13% higher than the national average.

37203vs.

$2,250

$2,000

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Frequently asked questions

1. What is the average rent in 37203?

The average rent in 37203 is $2,250.

2. What is the average rent for a studio apartment in 37203?

The average rent for a studio apartment in 37203 is $1,711 per month.

3. What is the average rent for a one-bedroom apartment in 37203?

The average rent for a one-bedroom apartment in 37203 is $1,965 per month.

4. What is the average rent for a two-bedroom apartment in 37203?

The average rent for a two-bedroom apartment in 37203 is $2,495 per month.

5. What is the average rent for a three-bedroom apartment in 37203?

The average rent for a three-bedroom apartment in 37203 is $4,250 per month.

6. What is the average rent for a four-bedroom apartment in 37203?

The average rent for a four-bedroom apartment in 37203 is $5,333 per month.

7. How much does it cost to rent a house in 37203?

Houses in 37203 rent between $895 - $16,500 with an average rent of $2,250.

8. How has the rent in 37203 changed in the last year?

In the last year, the rent in 37203 decreased by $250

9. How much has the rent in 37203 increased/decreased in the last month?

In the last month, the rent in 37203 decreased by $135

10. How many available rentals are there in 37203?

There are currently 247 rentals available in 37203.

11. How do rent prices in 37203 compare with the national average?

The average rent in 37203 is $2,250 — 12.5% higher the national average of $2,000.

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