3

Algood, TN Houses for Rent

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  • /2

    $1,650

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,028 Sq Ft
    • House for Rent

    250 New Day Ln, Algood, TN 38506

    Built in Algood in 2020 these are 3 bedroom zero lot ranch style homes. The 3 bedroom and 2 bathroom units are 1,176 sq ft and feature designated parking in front of the unit. Interior features include carpet in combination with LVT, DH/DP/Vinyl flooring, windows with full screens, all major appliances in stainless steel, stackable washer and dryer, and granite countertops throughout. This is a

    250 New Day Ln, Algood, TN 38506
  • /8

    $1,295

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • House for Rent

    2862 Deck Mountain Rd, Cookeville, TN 38506

    2BR 2BA with 1200sf. Refrigerator, stove, microwave, dishwasher, W/D HU, 2 car carport, no utilities furnished, yard maintenance furnished. $1295 /deposit. Mobile Home. No pets/Smoking

    2862 Deck Mountain Rd, Cookeville, TN 38506
  • /26

    $2,000 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,560 Sq Ft
    • 3-Bedroom Townhome with Pool Access Near Downtown Cookeville

    153 Allison Way, Algood, TN 38501

    This spacious 3-bedroom, 2.5-bath HOA townhome offers comfortable living in a convenient Cookeville location close to downtown. The open layout is filled with natural light, creating a bright and welcoming space for everyday living.The kitchen features stainless appliances, and washer and dryer are included in the rent for added convenience. Assigned parking and access to a community

    153 Allison Way, Algood, TN 38501

Frequently Asked Questions

How much does it cost to rent a single-family home in Algood, TN?
The median rent for a single-family home in Algood, TN is $1,923 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Algood, TN?
To comfortably afford the median rent in Algood, TN, a household needs to earn roughly $76,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,922 per month in Algood, TN, renters typically need to show $5,766 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Algood, TN?
In Algood, TN, the price-to-rent ratio is 21.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Algood, TN

Rental Home Trends

Number of Houses for Rent
3
Median Single Family Home Rent
$1,923
Median 3 Bedroom Single Family Home Rent
$1,923
How to Rent a Home