State report

Real Estate Investing in Tennessee

3 Tennessee metros covered, ranked by the MDR investor score. Average gross rent yield: 6.91%. Average YoY: -1.9%.

Tenancy
landlord-friendly
Foreclosure
non-judicial, ~60 days
Assignment
permitted
Income tax
no state income tax
All markets

Tennessee ranked by MDR investor score.

# Market Median YoY Yield Score
01 Memphis $147k -3.2% 10.23% 88
02 Nashville $436k -3.2% 4.91% 69
03 Knoxville $371k +0.8% 5.59% 65
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FAQ

Investing in Tennessee.

Is Tennessee a good state for real estate investing in 2026?

Across the 3 Tennessee markets we cover, average gross rent yield is 6.91% and average YoY appreciation is -1.9%. Landlord-friendly tenancy posture, foreclosure timeline ~60 days, no state income tax. Memphis is our top-scoring Tennessee market at 88/100.

What are Tennessee's landlord-tenant laws like?

Tennessee is landlord-friendly. The foreclosure process is non-judicial, ~60 days. no state income tax.

Is wholesaling legal in Tennessee?

Wholesale assignment is permitted in Tennessee. Always confirm current disclosure and licensing requirements with a local attorney before structuring deals.

What is the best city to invest in in Tennessee?

Based on our composite investor score, Memphis scores highest among Tennessee markets at 88/100. Median home value $147,306 with 10.23% gross rent yield.

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