Rental Market Trends in Hermitage, TN

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The average rent in Hermitage, TN, as of June 2025, is approximately $840 per month for all property types. Rent prices can vary depending on the neighborhood and the type of rental property. Rent prices are influenced by factors like neighborhood popularity, proximity to amenities, and the overall housing market trends in the city.

Market summary

Data is based on rental rates on sulekha.com. Last updated in June 2025.

Average Rental Price Over Time

How much has the average rent changed in Hermitage, TN?

The average rent for all property types is $840,which is 0% increase compared to the previous year.

2023
2024

Occupied Housing Units in Hermitage, TN

Property

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Hermitage, TNvs

$840

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Neighborhood Rent Trends in Hermitage, TN

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Neighborhoods	Average rent
Central Business District, TN	$700

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FAQs

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What is the average rent in Hermitage, TN?

The average rent in Hermitage, TN is around $840 per month. However, this can vary depending on the neighborhood, the size of the rental unit, and the property's condition. For example, rents are typically higher in desirable areas close to amenities and popular destinations. Larger apartments or homes with multiple bedrooms or modern amenities can also be more expensive. Keep these factors in mind when searching for a rental in Hermitage, TN.
How many rentals are available in Hermitage, TN?

Currently, there are 53 rental properties available in Hermitage, TN. This includes a variety of options such as apartments, condos, town homes, single-family homes, single rooms, shared rooms and pg accommodations catering to different budgets and preferences. So, if you're looking for a place to rent in Hermitage, TN, you have plenty of choices to explore!
What are the best neighborhoods to rent in Hermitage, TN?
If you're looking for budget-friendly neighborhoods in Hermitage, TN, consider these options:
- Central Business District: Average rent is $700 per month.
These neighborhoods offer rental rates lower than the city's overall average, making them attractive options for renters.
What are the most affordable neighborhoods in Hermitage, TN?
The most expensive neighborhoods in Hermitage, TN are:
- Central Business District: Average rent is $700 per month.
How much has the average rent changed in Hermitage, TN?

Over the past year, the average rent in Hermitage, TN have increased by approximately 0%, which translates to $70 per month. This change reflects shifting market trends and evolving housing demand in the area, impacting renters' costs and affordability.
How much has the rent in Hermitage, TN increased or decreased in the last month?

The Average rent price in Hermitage, TN for June 2025 is $840, which is $54 less than in May.