7 Apartments under 700 for rent in Hendersonville, TN

Last updated November 23 at 2:24pm UTC
Results within 5 miles of Hendersonville, TN
101 E Gray St
Gallatin
Gallatin, TN
Updated November 21 at 10:03am UTC
1 Bedroom
$650
Results within 10 miles of Hendersonville, TN
517B Dawson Ln
Lebanon
Lebanon, TN
Updated November 22 at 2:13am UTC
2 Bedrooms
$685
Results within 20 miles of Hendersonville, TN
1425 Hatter Rd
Franklin
Franklin, KY
Updated October 28 at 6:59pm UTC
Studio
$225
383 N Water Ave
Gallatin
Gallatin, TN
Updated November 21 at 10:03am UTC
1 Bedroom
$650
1512 Batts Blvd
Springfield
Springfield, TN
Updated November 10 at 2:02am UTC
1 Bedroom
$500
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November 2017 Hendersonville Rent Report

Welcome to the November 2017 Hendersonville Rent Report. Hendersonville rents increased over the past month. In this report, we'll evaluate trends in the Hendersonville rental market, including comparisons to similar cities nationwide.

View full Hendersonville Rent Report
Rent Report
Hendersonville

November 2017 Hendersonville Rent Report

Welcome to the November 2017 Hendersonville Rent Report. Hendersonville rents increased over the past month. In this report, we'll evaluate trends in the Hendersonville rental market, including comparisons to similar cities nationwide.

Hendersonville rents increased significantly over the past month

Hendersonville rents have increased 0.5% over the past month, and have increased moderately by 2.3% in comparison to the same time last year. Currently, median rents in Hendersonville stand at $960 for a one-bedroom apartment and $1,180 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in August. Hendersonville's year-over-year rent growth leads the state average of 1.9%, but trails the national average of 2.7%.

Hendersonville rents more affordable than many large cities nationwide

As rents have increased moderately in Hendersonville, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Hendersonville is still more affordable than most large cities across the country.

  • Hendersonville's median two-bedroom rent of $1,180 is slightly above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 2.3% increase in Hendersonville.
  • While Hendersonville's rents rose moderately over the past year, some cities nationwide saw decreases, including New York (-0.2%) and Miami (-0.2%).
  • Renters will find more reasonable prices in Hendersonville than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than two-and-a-half times the price in Hendersonville.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.