Rent in Arlington, TN
A 2-bedroom in Arlington, TN (ZIP 38002) typically rents for about $1,643 a month, with a range of $1,426–$1,860. Owner-occupied homes in Shelby County pay about 0.98% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,041 | $511–$1,570 | 1 |
| 1 bed | $1,550 | $1,400–$1,700 | 1 |
| 2 beds | $1,643 | $1,426–$1,860 | 1 |
| 3 beds | $2,286 | $2,111–$2,460 | 1 |
| 4 beds | $2,458 | $2,085–$2,830 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026) and Census ACS 5-year median gross rent (Dec 31, 2024).
Arlington ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Arlington, TN?
- About $1,643 a month: the median of the typical rents in 1 ZIP code, which range from $1,426–$1,860. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Arlington, TN?
- About $1,550 a month: the median of the typical rents in 1 ZIP code, which range from $1,400–$1,700. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Arlington, TN?
- About $2,286 a month: the median of the typical rents in 1 ZIP code, which range from $2,111–$2,460. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Arlington, TN?
- About $1,041 a month: the median of the typical rents in 1 ZIP code, which range from $511–$1,570. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Arlington, TN?
- About $2,458 a month: the median of the typical rents in 1 ZIP code, which range from $2,085–$2,830. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Arlington, TN?
- Owner-occupied homes in Shelby County pay a typical 0.98% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Arlington rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026) and Census ACS 5-year median gross rent (Dec 31, 2024).