Powell, TN Rental Market Trends
Last updated: February 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Powell is $1,630, a 3.15% increase compared to the previous year, when the average rent was $1,580.
One-bedroom apartments provide 697 square feet for $1,383, balancing privacy and affordability.
Average rent in Powell, TN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,630 | 895 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,383 | 697 sq. ft. |
| 2 Beds | n/a | n/a |
| 3 Beds | n/a | n/a |
Powell, TN rent trends
Rental prices in Powell, TN have increased by 3.15% over the past year. The average rent moved from $1,580 to $1,630.
What's the typical rent budget in Powell, TN?
The largest share of rentals in Powell, TN (76%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Powell, TN?
1,159 or 23% of the households in Powell, TN are renter-occupied while 3,849 or 77% are owner-occupied.
How Powell Compares to Other Cities
| City | Average Rent |
|---|---|
| Powell | $1,630 |
| Memphis | $1,134 |
| Nashville | $1,825 |
| Knoxville | $1,732 |
| Clarksville | $1,275 |
| Murfreesboro | $1,572 |
| Chattanooga | $1,450 |
| Antioch | $1,465 |
| Gallatin | $1,559 |
| La Vergne | $1,726 |
| Madison | $1,425 |
| Alcoa, TN | $1,630 |
| Maryville, TN | $1,477 |
| Oak Ridge, TN | $1,291 |
| Louisville, TN | $1,176 |
| Lenoir City, TN | $1,561 |
| Clinton, TN | $988 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Powell apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.