Rent in Cookeville, TN
Across Cookeville's 4 ZIP codes, a 2-bedroom typically rents for about $1,044 a month, with figures from $919–$1,102. The highest typical rent is in 38503 ($1,102) and the lowest in 38501 ($919). 2 ZIPs have ZIP-level figures from HUD or Census; the other 2 use the county Fair Market Rent. Owner-occupied homes in Putnam County pay about 0.48% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $799 | $619–$799 | 4 |
| 1 bed | $804 | $652–$887 | 4 |
| 2 beds | $1,044 | $919–$1,102 | 4 |
| 3 beds | $1,311 | $1,112–$1,502 | 4 |
| 4 beds | $1,564 | $1,067–$1,871 | 4 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Cookeville ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Cookeville, TN?
- About $1,044 a month: the median of the typical rents in 4 ZIP codes, which range from $919–$1,102. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Cookeville, TN?
- About $804 a month: the median of the typical rents in 4 ZIP codes, which range from $652–$887. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Cookeville, TN?
- About $1,311 a month: the median of the typical rents in 4 ZIP codes, which range from $1,112–$1,502. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Cookeville, TN?
- About $799 a month: the median of the typical rents in 4 ZIP codes, which range from $619–$799. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Cookeville, TN?
- About $1,564 a month: the median of the typical rents in 4 ZIP codes, which range from $1,067–$1,871. Figures are gross rent (rent plus tenant-paid utilities).
- Which Cookeville ZIP code has the highest rent?
- For a 2-bedroom, 38503 has the highest typical rent at $1,102 a month, and 38501 the lowest at $919.
- What is the property tax rate in Cookeville, TN?
- Owner-occupied homes in Putnam County pay a typical 0.48% 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 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Cookeville rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).