February 13, 2023
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Rental Market Reports
Summary
This rental market report analyzes Q4 2022 data for three-bedroom (3-BR) single-family rental (SFR) properties in these five Tennessee cities: Chattanooga, Clarksville, Knoxville, Memphis, and Nashville.
Considering home prices, the city with the lowest gross rent multiplier (GRM) in the state of Tennessee was Memphis with a GRM of 9.