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38506 rent trends

Rental prices in 38506 have increased by 3.73% over the past year. The average rent moved from $1,218 to $1,264.

Average rent in 38506

$1,264/mo 38506 average rental price, January 2026
Image Average Rent

    What's the typical rent budget in 38506?

    The largest share of rentals in 38506 (58%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in 38506, TN

    3 /100
    Car-Dependent
    23 /100
    Somewhat Bikeable
    Walk Score®: 3, Bike Score®: 23

    Frequently asked questions

    What type of rental buildings are in 38506?

    In 38506, 29% of the residents are renting compared to 71% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 1% of 38506's rentals, 37% are small-scale complexes with under 50 units, and 42% are single-family rentals.

    38506 demographics

    • 29,657Total Population
    • 15,016 Female
      14,641 Male
    • 41Median Age

    38506 households

    • 8,348 Family
      4,022 Non-family
    • 3,831 Children
      8,539 No Children
    • 12,370Total Number of Households
    • 2Average People Per Household
    • $63,051Median Household Income

    38506 education statistics