Average Rent in Morristown, TN and Rent Price Trends

Rent trends in Morristown, TN

Average rent prices in Morristown have remained the same over the last month and have increased by 8% 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 $1,049, whereas a house costs $2,137. 1-bedroom apartments in Morristown run $950 on average, while 2-bedroom apartments are $1,198.


Studio	$1,150	No Change	-
1 bedroom	$962	7%	12%
2 bedroom	$1,248	4%	8%
3 bedroom	$1,650	5%	8%
4 bedroom	$2,000	9%	52%


Apartments	$1,049	3%	No Change
Condos	$1,475	No Change	No Change
Houses	$2,137	5%	No Change

Studio

Average rent

$1,150

1 bedroom

Average rent

$962

Last 30 days

Last year

12%

2 bedroom

Average rent

$1,248

Last 30 days

Last year

3 bedroom

Average rent

$1,650

Last 30 days

Last year

4 bedroom

Average rent

$2,000

Last 30 days

Last year

52%

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$1,198

39%

lower than the national median

Median rent price$1,668

14%

lower than the national median

Takeaway

The median rent for all rentals in Morristown, TN is 28% lower than the median rent in Alcoa, TN.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,668

$1,731

$1,800

$1,358

$1,350

$1,450

$1,699

$1,800

$1,321

$1,700

$1,500

$1,321

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	7% lower
Groceries	5% lower
Health	11% lower
Housing	29% lower
Transportation	18% lower
Utilities	5% lower

Discover rentals in Morristown, TN

Rutledge Place Apartments - Photo 1 of 1

1d 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

5d+ 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

4d 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

4d ago

7.4

Very good

Laura Drive Tri-Plex

1485 Laura Dr, Morristown, TN 37814

3 beds

1 bath

$1,000

Apartment for rent

Village at Barkley Landing - Photo 1 of 1

1d ago

8.1

Very good

Village at Barkley Landing

450 Barkley Landing Dr, Morristown, TN 37813

2–4 beds

1–2 baths

$1,144–$1,474

Apartment for rent

2d ago

8.3

Very good

Ashton View Apartments

169 Barkley Landing Dr, Morristown, TN 37813

2–3 beds

2 baths

$1,144–$1,321

Apartment for rent

Income restricted

2d ago

Apartment for rent in Morristown

Recharge in Your Brick Home

1619 Jefferson St, Morristown, TN 37814

2 beds

1 bath

$1,175

Apartment for rent

Available Jun 15

Income restricted

5d+ ago

Apartment for rent in Morristown

Embrace Comfort and Simplicity

1621 Jefferson St, Morristown, TN 37814

2 beds

1 bath

$1,175

Apartment for rent

Available Jun 13

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 $1,198 per month as of May 30, 2026.

Is rent up or down in Morristown?

Average rent prices in Morristown have remained the same over the last month and have increased by 8% since last year.

How does Morristown rent compare to the national average?

Rent in Morristown is 39% below the national average, which means renters are paying approximately $752 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 $48,000/year, based on spending no more than 30% of your income on rent.

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

Morristown's 2025 rental market shows one-bedroom apartments averaging around $850 per month, while two-bedroom units average around $1,000 per month. These figures reflect current market conditions across the city's rental inventory.

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).