Rentometer, Inc. | Data as of 10/23/2025
Morristown, TN, offers a vibrant metro atmosphere where historic charm meets modern convenience. Situated in the heart of Hamblen County, the city is known for its friendly neighborhoods, bustling downtown district, and easy access to outdoor recreation at nearby Panther Creek State Park and the Morristown Green. Residents enjoy a blend of cultural attractions, such as the historic Roxy Theatre, a growing culinary scene, and community events that foster a strong sense of belonging. The city’s strategic location near major highways makes commuting to nearby Knoxville and the Tri-Cities region both simple and efficient.
The rental market in Morristown reflects a balanced mix of housing options, from single‑family homes to a variety of apartment communities. One‑bedroom apartments typically rent in the $1100s, with median rates hovering just above $1,090, while two‑bedroom units are commonly found in the $1200s, medianing around $1,210. Larger three‑bedroom apartments command rates in the $1700s, with median figures close to $1,660, offering ample space for families or professionals seeking extra room. Popular rental neighborhoods include the historic downtown corridor, the modern developments around Morristown Center, and the family‑friendly subdivisions of Crockett and Gibson Hill, each providing easy access to schools, shopping, and entertainment.
Whether you’re a young professional, a growing family, or a retiree looking for a comfortable, well‑connected community, Morristown’s rental market delivers diverse choices and a welcoming environment. With its blend of affordable pricing, convenient amenities, and a strong sense of community, Morristown remains a sought‑after destination for renters seeking quality living in a thriving Tennessee metro area.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,101 | $1,085 | $750 - $1,500 | $1,025 - $1,200 |
| Apartment | 2 Bedroom | $1,230 | $1,207 | $1,021 - $1,650 | $1,111 - $1,313 |
| Apartment | 3 Bedroom | $1,727 | $1,658 | $1,179 - $3,500 | $1,595 - $1,795 |
In the current period, the average rent in Morristown, TN was
$1,114 for 1 Bedroom,
$1,216 for 2 Bedroom, and
$1,685 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.