Brentwood, Tennessee Housing Market Prices
Brentwood Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 445% above the Tennessee median$1,394,672
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Median rent 84% above the Tennessee median$2,192
Housing Market Overview
| Metric | Brentwood | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,394,672 | $255,786 | $248,835 |
| Price Trend (Annual %) | 15.9% | 9.9% | 7.5% |
| Median Gross Rent | $2,192 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Brentwood is about 445% higher than in Tennessee. Rent is about 84% higher than the Tennessee average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Brentwood, up about 15.9% and 4.1% a year respectively. Home prices are changing faster.
Median rent in Brentwood rose about 41.1% between 2015 and 2024, from $1,553 to $2,192. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 7.8 yearly household incomes in Brentwood.
Buying the median-priced home in Brentwood costs roughly 53.0 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Brentwood. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Brentwood | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,394,672 | $255,786 | $248,835 |
| Median Household Income | $177,913 | $69,901 | $80,455 |
| Price-to-Income Ratio | 7.8 | 3.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Brentwood rose about 171.3%, while median household income rose about 46.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Brentwood | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 80.2% | 60.1% | 58.5% |
| Rental Rate | 15.0% | 29.7% | 31.2% |
| Vacancy Rate | 4.9% | 10.2% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Brentwood has a homeownership rate of 80.2%, higher than the Tennessee average of 60.1%. Its housing vacancy rate is 4.9%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Brentwood | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.92 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1997 | 1986 | 1978 |
| Median Number of Rooms | 8.6 | 5.7 | 5.5 |
The typical housing unit in Brentwood was built around 1997. On average, 2.9 people live in a home with about 8.6 rooms, staying for about 14.0 years on average.
Brentwood, TN Housing Compared With Nearby Cities
How Brentwood, TN compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Brentwood, TN | 44,549 | $1,394,672 #1/2 | $2,192 #1/2 | 84.3% #1/2 |
| Franklin, TN | 65,220 | $533,230 | $1,899 | 63.3% |
Frequently Asked Questions
Common questions about the housing market in Brentwood, Tennessee.
What is the median home price in Brentwood, Tennessee?
The median home price in Brentwood, Tennessee is $1,394,672, higher than the Tennessee average of $255,786.
What is the average home price in Brentwood, Tennessee?
The typical home price in Brentwood, Tennessee, reported as the median sale price, is $1,394,672. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Brentwood, Tennessee?
The median gross rent in Brentwood, Tennessee is $2,192 per month, higher than the Tennessee average of $1,188.
What was the median gross rent in Brentwood in 2020?
In 2020, the median gross rent in Brentwood, Tennessee was $1,781 per month.
What is the price-to-rent ratio in Brentwood, Tennessee?
The price-to-rent ratio in Brentwood, Tennessee is about 53.0, meaning it would take roughly 53.0 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Brentwood.
Are home prices or rent rising faster in Brentwood, Tennessee?
Both home prices and rent are rising in Brentwood, up about 15.9% and 4.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Brentwood, Tennessee?
80.2% of households in Brentwood, Tennessee own their home, higher than the Tennessee average of 60.1%.
What is the vacancy rate in Brentwood, Tennessee?
The housing vacancy rate in Brentwood, Tennessee is 4.9%, lower than the Tennessee average of 10.2%.
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