Tennessee — Rental Investment Markets
All Tennessee metros ranked by cap rate. Median cap rate: 3.1%, median home price: $297,230.
Median Cap Rate
3.1%
Median Home Price
$297,230
Median Rent
$1,485/mo
| # | City | Cap Rate | Cash Flow | Home Price | Rent (3BR) | Verdict |
|---|---|---|---|---|---|---|
| 1 | Memphis, TN | 9.2% | +$371/mo | $154,593 | $1,600/mo | 🟢 STRONG |
| 2 | Bartlett, TN | 6.1% | -$77/mo | $288,921 | $2,280/mo | 🟢 GOOD |
| 3 | Lavinia, TN | 6.1% | -$45/mo | $190,339 | $1,510/mo | 🟢 GOOD |
| 4 | Lexington, TN | 5.7% | -$110/mo | $189,087 | $1,420/mo | 🟡 MODERATE |
| 5 | Humboldt, TN | 5.1% | -$200/mo | $181,787 | $1,250/mo | 🟡 MODERATE |
| 6 | Jackson, TN | 4.9% | -$265/mo | $218,124 | $1,470/mo | 🟡 MODERATE |
| 7 | Bells, TN | 4.4% | -$347/mo | $208,519 | $1,290/mo | 🟡 MODERATE |
| 8 | Indian Mound, TN | 4.1% | -$491/mo | $252,883 | $1,480/mo | 🟡 MODERATE |
| 9 | Speedwell, TN | 4.1% | -$445/mo | $231,541 | $1,360/mo | 🟡 MODERATE |
| 10 | Turtletown, TN | 4.1% | -$406/mo | $214,235 | $1,265/mo | 🟡 MODERATE |
| 11 | Chattanooga, TN | 4.0% | -$539/mo | $250,550 | $1,485/mo | 🟡 MODERATE |
| 12 | Luttrell, TN | 4.0% | -$482/mo | $237,029 | $1,360/mo | 🟡 MODERATE |
| 13 | Erin, TN | 4.0% | -$443/mo | $218,983 | $1,260/mo | 🟡 MODERATE |
| 14 | New Tazewell, TN | 4.0% | -$471/mo | $235,345 | $1,360/mo | 🟡 MODERATE |
| 15 | Powder Springs, TN | 4.0% | -$462/mo | $233,968 | $1,360/mo | 🟡 MODERATE |
| 16 | Lake City, TN | 3.8% | -$537/mo | $245,218 | $1,360/mo | 🔴 WEAK |
| 17 | Oliver Springs, TN | 3.8% | -$530/mo | $244,193 | $1,360/mo | 🔴 WEAK |
| 18 | Westmoreland, TN | 3.8% | -$628/mo | $286,593 | $1,590/mo | 🔴 WEAK |
| 19 | Mooresburg, TN | 3.7% | -$475/mo | $214,090 | $1,180/mo | 🔴 WEAK |
| 20 | Sale Creek, TN | 3.6% | -$639/mo | $280,996 | $1,530/mo | 🔴 WEAK |
| 21 | Dixon Springs, TN | 3.6% | -$667/mo | $292,511 | $1,590/mo | 🔴 WEAK |
| 22 | Alexandria, TN | 3.6% | -$680/mo | $294,411 | $1,590/mo | 🔴 WEAK |
| 23 | Shelbyville, TN | 3.5% | -$841/mo | $340,867 | $1,775/mo | 🔴 WEAK |
| 24 | Sweetwater, TN | 3.5% | -$623/mo | $257,905 | $1,360/mo | 🔴 WEAK |
| 25 | Harriman, TN | 3.4% | -$595/mo | $239,116 | $1,240/mo | 🔴 WEAK |
| 26 | Cumberland City, TN | 3.4% | -$609/mo | $243,666 | $1,260/mo | 🔴 WEAK |
| 27 | Rockwood, TN | 3.4% | -$578/mo | $231,848 | $1,200/mo | 🔴 WEAK |
| 28 | Strawberry Plains, TN | 3.4% | -$748/mo | $298,452 | $1,540/mo | 🔴 WEAK |
| 29 | Cleveland, TN | 3.3% | -$767/mo | $301,239 | $1,440/mo | 🔴 WEAK |
| 30 | McMinnville, TN | 3.3% | -$655/mo | $254,127 | $1,290/mo | 🔴 WEAK |
| 31 | Townsend, TN | 3.3% | -$909/mo | $315,553 | $1,485/mo | 🔴 WEAK |
| 32 | Bulls Gap, TN | 3.3% | -$607/mo | $233,698 | $1,180/mo | 🔴 WEAK |
| 33 | Medina, TN | 3.2% | -$851/mo | $322,115 | $1,610/mo | 🔴 WEAK |
| 34 | Adams, TN | 3.2% | -$1,202/mo | $454,525 | $2,270/mo | 🔴 WEAK |
| 35 | Spring Hill, TN | 3.1% | -$1,400/mo | $518,004 | $2,550/mo | 🔴 WEAK |
| 36 | Philadelphia, TN | 3.1% | -$774/mo | $280,396 | $1,360/mo | 🔴 WEAK |
| 37 | Ashland City, TN | 3.1% | -$961/mo | $349,394 | $1,700/mo | 🔴 WEAK |
| 38 | Hartsville, TN | 3.1% | -$881/mo | $324,207 | $1,590/mo | 🔴 WEAK |
| 39 | Mascot, TN | 3.1% | -$778/mo | $280,977 | $1,360/mo | 🔴 WEAK |
| 40 | Germantown, TN | 3.1% | -$1,447/mo | $516,551 | $2,480/mo | 🔴 WEAK |
| 41 | Red Bank, TN | 3.0% | -$1,140/mo | $390,578 | $1,820/mo | 🔴 WEAK |
| 42 | Cunningham, TN | 2.9% | -$1,046/mo | $357,187 | $1,660/mo | 🔴 WEAK |
| 43 | Whitesburg, TN | 2.9% | -$749/mo | $258,409 | $1,210/mo | 🔴 WEAK |
| 44 | Watauga, TN | 2.9% | -$716/mo | $248,604 | $1,170/mo | 🔴 WEAK |
| 45 | Clarksville, TN | 2.9% | -$1,055/mo | $353,655 | $1,800/mo | 🔴 WEAK |
| 46 | Morristown, TN | 2.8% | -$896/mo | $296,009 | $1,410/mo | 🔴 WEAK |
| 47 | Johnson City, TN | 2.8% | -$955/mo | $318,156 | $1,450/mo | 🔴 WEAK |
| 48 | Jonesborough, TN | 2.8% | -$1,011/mo | $336,160 | $1,530/mo | 🔴 WEAK |
| 49 | Bethpage, TN | 2.8% | -$1,066/mo | $351,615 | $1,590/mo | 🔴 WEAK |
| 50 | Murfreesboro, TN | 2.8% | -$1,257/mo | $434,199 | $1,930/mo | 🔴 WEAK |
| 51 | Nashville, TN | 2.8% | -$1,227/mo | $448,730 | $2,070/mo | 🔴 WEAK |
| 52 | Pleasant Shade, TN | 2.7% | -$782/mo | $254,685 | $1,140/mo | 🔴 WEAK |
| 53 | Lenoir City, TN | 2.6% | -$1,069/mo | $335,064 | $1,450/mo | 🔴 WEAK |
| 54 | Knoxville, TN | 2.6% | -$1,214/mo | $372,068 | $1,660/mo | 🔴 WEAK |
| 55 | Oak Ridge, TN | 2.6% | -$1,038/mo | $326,860 | $1,420/mo | 🔴 WEAK |
| 56 | Columbia, TN | 2.5% | -$1,224/mo | $375,092 | $1,590/mo | 🔴 WEAK |
| 57 | Blaine, TN | 2.4% | -$1,096/mo | $328,046 | $1,360/mo | 🔴 WEAK |
| 58 | Georgetown, TN | 2.4% | -$1,251/mo | $377,959 | $1,580/mo | 🔴 WEAK |
| 59 | Kingsport, TN | 2.4% | -$917/mo | $279,709 | $1,180/mo | 🔴 WEAK |
| 60 | Liberty, TN | 2.3% | -$1,308/mo | $364,560 | $1,400/mo | 🔴 WEAK |
| 61 | Lebanon, TN | 2.3% | -$1,543/mo | $449,821 | $1,815/mo | 🔴 WEAK |
| 62 | Fall Branch, TN | 2.3% | -$974/mo | $283,268 | $1,140/mo | 🔴 WEAK |
| 63 | Southside, TN | 2.2% | -$1,381/mo | $398,391 | $1,590/mo | 🔴 WEAK |
| 64 | Chapmansboro, TN | 2.2% | -$1,395/mo | $402,926 | $1,610/mo | 🔴 WEAK |
| 65 | Piney Flats, TN | 2.2% | -$1,355/mo | $386,026 | $1,520/mo | 🔴 WEAK |
| 66 | Cedar Hill, TN | 2.0% | -$1,583/mo | $428,420 | $1,590/mo | 🔴 WEAK |
| 67 | Mc Donald, TN | 2.0% | -$1,509/mo | $411,326 | $1,540/mo | 🔴 WEAK |
| 68 | Watertown, TN | 1.9% | -$1,618/mo | $433,631 | $1,590/mo | 🔴 POOR |
| 69 | Maryville, TN | 1.9% | -$1,539/mo | $402,438 | $1,520/mo | 🔴 POOR |
| 70 | Primm Springs, TN | 1.8% | -$2,191/mo | $574,527 | $2,050/mo | 🔴 POOR |
| 71 | Franklin, TN | 1.2% | -$4,035/mo | $956,446 | $2,940/mo | 🔴 POOR |
| 72 | Loudon, TN | 1.1% | -$2,197/mo | $498,731 | $1,420/mo | 🔴 POOR |