Rent Tracker
Rent Inflation in Sevierville, TN
The average asking rent in Sevierville, TN is $1,630/month as of 2026-08. That is +7.9% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$1,630/mo
as of 2026-08
Year-over-Year Change
+7.9%
24-Month Rent Trend
Monthly ZORI index values for Sevierville, TN.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $1,630 | +0.37% |
| 2026-07 | $1,624 | -4.25% |
| 2026-06 | $1,696 | +0.71% |
| 2026-05 | $1,684 | +2.25% |
| 2026-04 | $1,647 | +7.16% |
| 2026-03 | $1,537 | +0.79% |
| 2026-02 | $1,525 | -0.20% |
| 2026-01 | $1,528 | +0.73% |
| 2025-12 | $1,517 | +1.40% |
| 2025-11 | $1,496 | +0.27% |
| 2025-10 | $1,492 | -1.06% |
| 2025-09 | $1,508 | -0.20% |
| 2025-08 | $1,511 | -0.26% |
| 2025-07 | $1,515 | +0.93% |
| 2025-06 | $1,501 | +1.28% |
| 2025-05 | $1,482 | +0.27% |
| 2025-04 | $1,478 | -1.07% |
| 2025-03 | $1,494 | -1.26% |
| 2025-02 | $1,513 | +0.13% |
| 2025-01 | $1,511 | +0.87% |
| 2024-12 | $1,498 | -0.27% |
| 2024-11 | $1,502 | +0.74% |
| 2024-10 | $1,491 | +0.81% |
| 2024-09 | $1,479 | — |
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