Rental market snapshot for Somerville, Tennessee

Somerville, Tennessee Rental Property Market Overview

Somerville, Tennessee is a small town located in Fayette County, with a population of 3,423 as of 2021, according to the US Census. The town is known for its historic downtown area, which features a variety of shops and restaurants. It is also home to a number of parks and recreational areas, including the Somerville Recreation Center and the Somerville City Park. The town is a great place to live, work, and play, with plenty of activities and attractions for all ages.

The average rent for an apartment in Somerville is $1,752. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Somerville Tennessee | Cost of Living

  • The most expensive ZIP code in Somerville is 38068 with an average price of $1,963.
  • The cheapest ZIP code in Somerville is 38068 with an average price of $1,963.

Somerville ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
138068$1,963

Live near Somerville, Tennessee's Top Sights and Attractions

Uh-oh! Looks like we don't have any data on tourist attractions in Somerville, Tennessee, looks like it is up to you to find something fun to do.

Somerville, Tennessee area median rent change by ZIP code map

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How does Somerville compare to other cities in Tennessee?

citymedian price
White House$2,105
Greenbrier$2,095
La Vergne$1,905
Maryville$1,900
Knoxville$1,864
Portland$1,850
Columbia$1,700
Springfield$1,610
Clarksville$1,525

Average household income in Somerville area graph - US Census

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The median household income in Somerville in 2021 was $24,856. This represents a -16.7% change from 2011 when the median was $29,837.

#categorypercent
0Less than $10,00017.8%
1$10,000 to $14,99912.0%
2$15,000 to $19,99910.1%
3$20,000 to $24,99914.4%
4$25,000 to $29,9991.7%
5$30,000 to $34,9996.7%
6$35,000 to $39,9992.5%
7$40,000 to $44,9993.8%
8$45,000 to $49,9992.7%
9$50,000 to $59,9997.3%
10$60,000 to $74,9994.2%
11$75,000 to $99,9993.0%
12$100,000 to $124,9995.2%
13$125,000 to $149,9992.9%
14$150,000 to $199,9991.7%
15$200,000 or more4.0%

Neighborhoods in Somerville

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Somerville is $1,752.
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