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Union City, TN Homes for Rent

Section Image
  • /10

    $1,000 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    5914 Martin Hwy, Union City, TN 38261

    This 2 bed, 1 bath home has been recently updated with new flooring, new paint, and a remodeled kitchen and bathroom! This home offers the convenience of being centrally located between Union City and Martin-- a short drive to either town!

    5914 Martin Hwy, Union City, TN 38261
  • /7

    $600 Per Month

    • 1 Bed
    • 1 Bath
    • 560 Sq Ft
    • 605/607 N 5th

    605 N 5th St Unit 607 N 5th St, Union City, TN 38261

    605 N 5th St Unit 607 N 5th St, Union City, TN 38261

Why Live in Union City

Union City, TN, located in the northwestern part of the state, combines rural charm with modern conveniences. With a population of around 11,000, the community's economy is rooted in agriculture, complemented by growing retail options. The Union City School District and Union City High School are highly rated, offering students scholarship opportunities. The University of Tennessee at Martin, situated 14 miles away, is a favored choice for local students. Housing options include ranch-style homes, contemporary builds from the 2000s, custom homes from the 2020s, and restored early 20th-century houses. Union City boasts a variety of parks, such as Graham Park with its skate park and splash pad, and Veteran’s Park featuring a fishing pier. Reelfoot Lake, 27 miles away, is ideal for camping and fishing. Shopping and dining are centered around U.S. Highway 51, with stores like Walmart and Lowe’s, and eateries including Don Sol Mexican Grill and Hops & Barley. Discovery Park of America offers educational exhibits, while the Masquerade Theatre at the Capitol hosts stage shows. The Obion County Fair in August is a local highlight. Union City is less than three hours from Memphis, Jackson, and Nashville, with medical services available at Baptist Memorial Hospital-Union City. The city has seen a significant decrease in violent crime, making it safer than the national average.

Frequently Asked Questions

How much does it cost to rent a home in Union City, TN?
The median rent for a home in Union City, TN is $600 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Union City, TN?
To comfortably afford the median rent in Union City, TN, a household needs to earn roughly $24,000 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 $600 per month in Union City, TN, renters typically need to show $1,800 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 Union City, TN?
In Union City, TN, the price-to-rent ratio is 31.2, 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

Number of Homes for Rent
2
Median Rent
$600
Median Condo Rent
$600
How to Rent a Home