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How much does it cost to rent a condo in Clinton, TN?
The median rent for a condo in Clinton, TN is $1,168 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Clinton, TN?
To comfortably afford the median rent in Clinton, TN, a household needs to earn roughly $88,800 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 $2,220 per month in Clinton, TN, renters typically need to show $6,660 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 Clinton, TN?
In Clinton, TN, the price-to-rent ratio is 13.3, 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.
What neighborhoods in Clinton, TN are best for renting a condo?
The best neighborhood for renting in Clinton, TN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Uptown Knoxville and Downtown Knoxville, each with its own character and price range.
Rental Home Trends in Clinton, TN
The median rent is $1,168 per month, with 2-bedroom condos at $1,550.
Rental Home Trends
Median Condo Rent
$1,168
Median 2 Bedroom Condo Rent
$1,550