Tennessee — Rental Investment Markets

All Tennessee metros ranked by cap rate. Median cap rate: 6.3%, median home price: $265,000.

Median Cap Rate

6.3%

Median Home Price

$265,000

Median Rent

$1,700/mo

#CityCap RateCash FlowHome PriceRent (3BR)Verdict
1Memphis, TN8.2%+$380/mo$135,000$1,350/mo🟢 STRONG
2Nashville, TN4.5%-$60/mo$395,000$2,050/mo🟡 MODERATE