37203 rental market

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Last updated August 16, 2025

Rental market summary

The average rent for 3 bedroom properties in 37203 is $4,050.

Average rent

$4,050

Month-over-month change

+$41

Year-over-year change

+$56

Available rentals

53

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $1,521 to $15,000.

Rent frequencies
Rent priceNumber of rental properties
$1,6001
$2,4001
$2,5002
$2,6002
$2,7002
$2,8002
$3,0001
$3,1001
$3,2001
$3,3002
$3,4001
$3,5003
$3,6005
$3,7003
$3,8004
$3,9005
$4,0004
$4,1001
$4,2002
$4,3004
$4,4003
$4,5001
$4,6001
$4,7001
$5,000+14

Average rent price over time

In the last year, rent has increased by $56 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$3,950$3,999
Feb$3,900$3,995
Mar$3,995$3,950
Apr$3,999$3,933
May$3,999$4,000
Jun$3,750$4,000
Jul$3,650$4,115
Aug$3,900$4,000
Sep$3,900No data
Oct$4,058No data
Nov$3,995No data
Dec$4,000No data

Market temperature

The 37203 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 37203 is 82% higher than the national average.

37203vs.

$4,050

$2,222

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Frequently asked questions

1. What is the average rent in 37203?

The average rent in 37203 is $2,500.

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

Houses in 37203 rent between $889 - $18,110 with an average rent of $2,500.

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

In the last year, the rent in 37203 increased by $273

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

In the last month, the rent in 37203 decreased by $90

5. How many available rentals are there in 37203?

There are currently 247 rentals available in 37203.

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

The average rent in 37203 is $2,500 — Infinity% higher the national average of $0.