6 rentals in Downtown Hayward
$3,995
Median Rent
6
Available
1
New This Week
Downtown Hayward is a popular neighborhood in Hayward, TN for renters. Currently, there are 6 rental properties available with a median rent of $3,995/month.
Hayward Rental Market
Topfind Market Read
Renters hold the edge right now. The typical rental takes about 417 days to lease, and 7.0 months of supply is more than current demand absorbs. Renters are firmly in control and can ask for concessions, while landlords should expect longer vacancies at premium rents.
Median Rent
$3,000/mo
↓ 10% 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
7.0 months of supply
Ample Supply7 active rentals, plenty of options to choose from.
What this means for renters
There are more rentals available than recent leasing absorbs, so renters have plenty of options and stronger footing to negotiate rent and terms. Rentals typically lease in ~417 days.
Rental Velocity
How fast rentals are leasing
Rentals are sitting on the market, so renters have strong leverage to negotiate rent, terms, and move-in specials.
Rental Inventory Distribution
A larger share of rental listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed units.
Affordability Snapshot
Typical rent
$3,000/mo
Median rent
Affordable budget (30%)
$2,844/mo
Based on median income
Median household income
$9,481/mo
Hayward
Typical rent costs about 32% of the median household's income.
The standard recommendation is to spend ≤30% of income on rent.
Income needed to afford typical rent comfortably
$120K/year
Assumes rent ≤30% of income
Median Rent by Bedroom
Rent increases with bedroom count, with moderate premiums for additional space.
Each additional bedroom adds about $1,215/mo to rent on average.
Rent Reductions
3 listings have reduced their rent
43% of active listings
Average reduction: 6.8% (~$204/mo)
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