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Best places to buy a rental property in Tennessee

Ranked by the engine's tracked 5-year appreciation across 14 covered markets in Tennessee, snapshot 2026-10-29. Appreciation history is context, not a forecast.
MarketHome value3y5y10yActive listings
Knoxville$268,3488.2%47.7%209.2%-
Signal Mountain$650,39012.3%38.1%96.8%-
Franklin$728,8785.5%34.0%107.6%-
Johnson City$257,5326.2%32.4%98.4%-
Hixson$360,2686.1%27.9%91.4%-
Chattanooga$418,9044.2%26.3%87.2%-
Clarksville$490,525-1.3%24.1%--
Nashville$324,248-3.8%20.8%115.5%6,210
Bartlett$317,187-2.1%16.0%83.4%-
Memphis$190,694-5.9%4.9%84.1%4,222

Full list: every tracked market in Tennessee with 5-year appreciation data below.

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All figures are engine estimates from the LumosTerra tracked-data snapshot as of 2026-10-29. They are starting points, not recommendations - verify rents, comps and local rules before acting on any of them.

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