Apartments for rent in Tennessee are less expensive than the national average. The price of a studio averages $449 per month, which is $576 below the national average. The price of a one-bedroom averages $643 per month, which is $218 below the national average. Larger Tennessee apartment rentals follow the same trends. The price of a two-bedroom averages $699 per month, which is $357 above the national average. The price of a three-bedroom averages $845 per month, which is $500 above the national average.

If you're searching for an Tennessee apartment rental you should know that the trends vary depending on which city or county you're looking at. The most expensive Tennessee apartments for rent are in Franklin, Collierville, and Germantown. The lowest rent apartments in Jackson, Madison, and Clarksville.

Economy:
Tennessee has a diverse economy comprising manufacturing, agriculture, corporate operations and tourism. Although Tennessee produces a variety of crops such tobacco, soybeans, cotton, dairy and hogs, nearly 60% of its farms raise beef cattle. The state's biggest corporate presences include FedEx, AutoZone, International Paper, Eastman Kodak, Nissan and Caterpillar. Music-oriented tourist sites like Elvis Presley's “Graceland” mansion and the Grand Ole Opry in Nashville draw millions of visitors to Tennessee and play a major role in its economy.

Noteworthy:
Tennessee's economy benefitted from many FDR-era government programs like the Tennessee Valley Authority and the Manhattan Project.