4 rentals in West Grove
$4,500
Median Rent
4
Available
1
New This Week
West Grove is a popular neighborhood in Garden Grove, TN for renters. Currently, there are 4 rental properties available with a median rent of $4,500/month.
Garden Grove Rental Market
Topfind Market Read
Landlords hold the edge right now. There is only 2.0 months of supply, and 79% of current listings are under 30 days old. At the same time, rents have eased 3% over the last six months, though they remain 25% above a year ago, so the market is not running away from renters. Landlords have the stronger hand, though renters who move quickly can still land a fair deal.
Median Rent
$3,995/mo
↑ 25% over the past yearChart shows the median closed lease rate by month
Months of Rental Inventory
Estimated time to lease all rentals at the current leasing pace
2.0 months of supply
Tight Supply14 active rentals against the current leasing pace works out to about 2.0 months of supply.
What this means for renters
Rental inventory is tight relative to how many homes get leased each month, so renters have fewer options and well-priced units draw competition. Rentals typically lease in ~26 days.
Rental Velocity
How fast rentals are leasing
Rentals are leasing quickly, so be prepared to apply fast when you find a good fit. Leasing is 21% faster than six months ago.
Rental Inventory Distribution
Most current rental listings are under 30 days old, so the mix skews toward fresh inventory.
Affordability Snapshot
Typical rent
$3,995/mo
Median rent
Affordable budget (30%)
$2,254/mo
Based on median income
Median household income
$7,514/mo
Garden Grove
Typical rent costs about 53% of the median household's income.
The standard recommendation is to spend ≤30% of income on rent.
Income needed to afford typical rent comfortably
$160K/year
Assumes rent ≤30% of income
Median Rent by Bedroom
Rent increases significantly with bedroom count, with larger units commanding premium prices.
Each additional bedroom adds about $925/mo to rent on average.
Rent Reductions
3 listings have reduced their rent
21% of active listings
Average reduction: 15.9% (~$635/mo)
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