Rent in Somerville, TN
A 2-bedroom in Somerville, TN (ZIP 38068) typically rents for about $875 a month, with a range of $749–$1,000. Owner-occupied homes in Fayette County pay about 0.33% 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 | $840 | $840–$1,095 | 1 |
| 1 bed | $910 | $910–$1,191 | 1 |
| 2 beds | $875 | $749–$1,000 | 1 |
| 3 beds | $1,117 | $924–$1,310 | 1 |
| 4 beds | $1,679 | $1,510–$1,848 | 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), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Somerville ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Somerville, TN?
- About $875 a month: the median of the typical rents in 1 ZIP code, which range from $749–$1,000. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Somerville, TN?
- About $910 a month: the median of the typical rents in 1 ZIP code, which range from $910–$1,191. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Somerville, TN?
- About $1,117 a month: the median of the typical rents in 1 ZIP code, which range from $924–$1,310. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Somerville, TN?
- About $840 a month: the median of the typical rents in 1 ZIP code, which range from $840–$1,095. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Somerville, TN?
- About $1,679 a month: the median of the typical rents in 1 ZIP code, which range from $1,510–$1,848. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Somerville, TN?
- Owner-occupied homes in Fayette County pay a typical 0.33% 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 Somerville rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).