Algood, TN Houses for Rent

/22
$1,600

Total Monthly Price
- 3 Beds
- 2 Baths
- 1,100 Sq Ft
- House for Rent
264 New Day Ln, Algood, TN 38506

262 New Day Lane is a 3 bedroom, 2 bath, zero lot line, one level home. Rent for this unit includes parking, trash, pest control, maintenance, and an in-unit washer and dryer. It is considered one of our luxury properties featuring granite countertops, stainless steel appliances, a breakfast bar, and a dining nook.

264 New Day Ln, Algood, TN 38506
/27
$1,750

Total Monthly Price
- 3 Beds
- 2 Baths
- 1,146 Sq Ft
- House for Rent
159 Dry Valley Rd, Cookeville, TN 38506

3BR / 2BA home in a highly desirable area in the heart of Algood.Completely renovated with all new paint, flooring, kitchen, and bathroom updates.Features include:•Stainless steel appliances & deep kitchen sink•Central heat & air (CH/A)•Washer/Dryer hookups•Covered back deck•Large backyard + storage shed$1750/month + depositNo pets

159 Dry Valley Rd, Cookeville, TN 38506
/16
$1,995

Total Monthly Price
- 3 Beds
- 2.5 Baths
- 1,257 Sq Ft
- House for Rent
127 Allison Way, Algood, TN 38501

127 Allison Way, Algood, TN 38501

Tennessee Putnam County

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 $1,995 per month, though prices vary by neighborhood, size, and property type. As of July 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 $79,800 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 $1,995 per month in Algood, TN, renters typically need to show $5,985 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 20.2, 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

There are currently 3 single-family homes available for rent in Algood, TN. The median rent is $1,995 per month, with 3-bedroom houses renting at $1,995.

Rental Home Trends

Number of Houses for Rent 3	Median Single Family Home Rent $1,995
Median 3 Bedroom Single Family Home Rent $1,995

How to Rent a Home

Houses for Rent by Price in Algood

Algood Houses for Rent under $2,000

Rentals in Algood

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3 Bedroom Houses for Rent in Algood

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