$2,150 Per Month
- 3 Beds
- 2.5 Baths
- 1,729 Sq Ft
- Townhouse for Rent
416 Alcott Way, Spring Hill, TN 37174
416 Alcott Way, Spring Hill, TN 37174
Frequently Asked Questions
How much does it cost to rent a townhouse in Spring Hill, TN?
The median rent for a townhouse in Spring Hill, TN is $1,938 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Spring Hill, TN?
To comfortably afford the median rent in Spring Hill, TN, a household needs to earn roughly $91,960 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 $2,299 per month in Spring Hill, TN, renters typically need to show $6,897 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 Spring Hill, TN?
In Spring Hill, TN, the price-to-rent ratio is 18.8, 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 Spring Hill, TN are best for renting a townhouse?
The best neighborhood for renting in Spring Hill, TN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a townhouse include Central Franklin and Oak Highlands, each with its own character and price range.
