Tennessee Property Management

Rent out your Tennessee home with Nomad, and see rents, rules and local property managers city by city.

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See why thousands of homeowners love being part of the Nomad community

$250M+

Total rent guaranteed

10,000+

Owners served

Tennessee rental market

What Nomad homes rent for in Tennessee

$2,025

Median rent, 3-bed

$2,600

Median rent, 4-bed

31 days

Median time to lease

Median rent achieved and median time from listing to signed lease, for homes leased through Nomad in Tennessee over the last three years.

About Nomad

Nomad is digital property management software for renting out your Tennessee home yourself. You set the rent and choose the tenant; the platform handles listing syndication, screening, a Tennessee-specific lease, rent collection and maintenance triage, backed by guaranteed rent and $500k in property protection. Track earnings and approve repairs from the owner's portal. Fees start at 4% of the lease, paid once up front.

Renting in Tennessee

Tennessee sets no cap on security deposits. Most of its other landlord rules apply only in counties with more than 75,000 people. In those counties, there's no set deadline to return a deposit, but you must tell the tenant about any refund due. Late fees are capped at 10% of the overdue rent, and only after a 5-day grace period that counts the due date. There's no general notice period before entering, but showing the home in the last 30 days of a lease takes 24 hours' notice if the lease allows it. A month-to-month lease ends with 30 days' written notice before the rent due date.

The Nomad Difference

Guaranteed Rent for Tennessee landlords

Investment properties can be risky. Grow your wealth worry free with the best landlord financial protections in the industry. Only Nomad offers Guaranteed Rent, $500,000 of Property Protection, and Rent Advance.

"Nomad was incredibly helpful in talking us through the options and mapping out the financial implications for our potential scenarios."

Lauren

Nomad Homeowner since 2020

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Tennessee rules every landlord should know

Security deposit limit: No statutory limit
Deposit return deadline: No statutory deadline. In counties over 75,000 people, the landlord must notify the tenant of any refund due
Late fee limit: 10% of the overdue rent, only after a 5-day grace period (counting the due date). Applies in counties over 75,000 people
Notice before entering: No general requirement. 24 hours to show the home in the last 30 days of the lease, if the lease allows it (counties over 75,000 people)
Notice to end a month-to-month lease: 30 days' written notice before the rent due date (counties over 75,000 people)

Reviewed October 2026. General information, not legal advice.

“Nomad makes renting your property easy. I did the showings and got to pick my renter, and they took care of everything else.”

Jennifer B.

Tennessee · since 2026