Rent Tracker
Rent Inflation in Greeneville, TN
The average asking rent in Greeneville, TN is $1,198/month as of 2026-08. That is +7.8% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$1,198/mo
as of 2026-08
Year-over-Year Change
+7.8%
24-Month Rent Trend
Monthly ZORI index values for Greeneville, TN.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $1,198 | +2.74% |
| 2026-07 | $1,166 | +1.83% |
| 2026-06 | $1,145 | +1.60% |
| 2026-05 | $1,127 | -3.01% |
| 2026-04 | $1,162 | +2.11% |
| 2026-03 | $1,138 | +0.71% |
| 2026-02 | $1,130 | +2.45% |
| 2026-01 | $1,103 | -3.42% |
| 2025-12 | $1,142 | -4.99% |
| 2025-11 | $1,202 | -0.08% |
| 2025-10 | $1,203 | +1.86% |
| 2025-09 | $1,181 | +6.30% |
| 2025-08 | $1,111 | +2.59% |
| 2025-07 | $1,083 | +0.84% |
| 2025-06 | $1,074 | +0.47% |
| 2025-05 | $1,069 | +1.71% |
| 2025-04 | $1,051 | +1.25% |
| 2025-03 | $1,038 | -1.14% |
| 2025-02 | $1,050 | -2.05% |
| 2025-01 | $1,072 | +0.09% |
| 2024-12 | $1,071 | +0.00% |
| 2024-11 | $1,071 | -0.56% |
| 2024-10 | $1,077 | +0.65% |
| 2024-09 | $1,070 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
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Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices