Chattanooga’s median two-bedroom rent of $900 is 22.4 percent below the national average of $1,160. Over the past year, Chattanooga rental rates rose 2.7 percent, compared to a 3 percent nationwide increase. The cities with the highest average monthly rental rates for a two-bedroom apartment in Tennessee are:
1. Franklin – $1,270
2. Collierville – $1,010
3. Hendersonville – $1,170
4. Goodlettsville – $930
5. Nashville – $1,130
6. Murfreesboro – $1,090
7. Gallatin – $1,030
8. Knoxville – $920
9. Chattanooga – $900
10. Memphis – $830
Source: Apartment list