Average Rent in Morristown, TN and Rent Price Trends

Rent trends in Morristown, TN

Average rent prices in Morristown have increased by 15% over the last month and have increased by 13% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Morristown, TN

Rent prices in Morristown vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Morristown is $1,248, whereas a house costs $1,725. 1-bedroom apartments in Morristown run $950 on average, while 2-bedroom apartments are $1,350.


1 bedroom	$950	4%	13%
2 bedroom	$1,350	5%	1%
3 bedroom	$1,800	5%	22%
4 bedroom	$2,500	4%	88%


Apartments	$1,248	7%	No Change
Condos	$1,099	2%	No Change
Houses	$1,725	1%	No Change

1 bedroom

Average rent

$950

Last 30 days

Last year

13%

2 bedroom

Average rent

$1,350

Last 30 days

Last year

3 bedroom

Average rent

$1,800

Last 30 days

Last year

22%

4 bedroom

Average rent

$2,500

Last 30 days

Last year

88%

The table above reflects average rent prices in Morristown, TN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Morristown, TN compare to other cities?

Compare median rent prices in Morristown and Alcoa by all bedroom counts and property types.

Morristown

Median rent price$1,350

31%

lower than the national median

Median rent price$1,750

10%

lower than the national median

Takeaway

The median rent for all rentals in Morristown, TN is 23% lower than the median rent in Alcoa, TN.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,750

$1,774

$1,495

$1,275

$1,350

$1,400

$1,700

$1,850

$1,044

$1,795

$1,275

$1,300

Cost of living in Morristown, TN

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses accrued by most renters	Average cost compared to national average
Goods & Services	5% lower
Groceries	6% lower
Health	8% lower
Housing	21% lower
Transportation	18% lower
Utilities	6% lower

Discover rentals in Morristown, TN

Rutledge Place Apartments - Photo 1 of 1

4d ago

8.2

Very good

Rutledge Place Apartments

792 Seymour St, Morristown, TN 37813

1–3 beds

1–2 baths

$588–$945

Apartment for rent

Available Feb 11

Income restricted

1d ago

8.2

Very good

Appalachian Homes

2033 N Economy Rd, Morristown, TN 37814

2–4 beds

2–3 baths

$650–$840

Apartment for rent

Available Nov 27

5d+ ago

8.2

Very good

Fairway Apartments

2501 N Economy Rd, Morristown, TN 37814

1–3 beds

1–2 baths

$738–$945

Apartment for rent

Available Apr 30

4h ago

Apartment for rent in Morristown

Dandelion Circle Apts

1467 Dandelion Cir, Morristown, TN 37814

2 beds

1 bath

$800

Apartment for rent

18h ago

7.4

Very good

Laura Drive Tri-Plex

1485 Laura Dr, Morristown, TN 37814

3 beds

1 bath

$1,000

Apartment for rent

Income restricted

4d ago

Apartment for rent in Morristown

Embrace Comfort and Simplicity

1621 Jefferson St, Morristown, TN 37814

2 beds

1 bath

$1,050

Apartment for rent

Available Jul 5

Income restricted

3D tour

5d+ ago

Apartment for rent in Morristown

Recharge in Your Brick Home

1619 Jefferson St, Morristown, TN 37814

2 beds

1 bath

$1,050

Apartment for rent

Available Jul 8

5d+ ago

House for rent in Morristown

2884 Blue Ridge Drive

2884 Blue Ridge Dr, Morristown, TN 37814

2 beds

1 bath

$1,100

House for rent

Stay up to date with rental market insights

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Frequently asked questions for Morristown, TN

Quick answers to common questions about the Morristown rental market.

How much is rent in Morristown?

The average rent in Morristown is $1,350 per month as of July 18, 2026.

Is rent up or down in Morristown?

Average rent prices in Morristown have increased by 15% over the last month and have increased by 13% since last year.

How does Morristown rent compare to the national average?

Rent in Morristown is 31% below the national average, which means renters are paying approximately $595 less per month.

What salary do I need to afford rent in Morristown?

To comfortably afford rent in Morristown, you'd need to earn approximately $54,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Morristown?

Based on Zumper's July 2026 data, one-bedroom apartments in Morristown average around $860/month and two-bedrooms approximately $1,120/month.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).