THE BUSINESS OF REAL ESTATE

TN landlord resources

Springfield rental market

Rental-market planning in Springfield, Tennessee, with state-law references and operating examples.

Dataset review pending. These supplied references have not been independently verified. Educational information only, not legal, tax or financial advice.

The local rental snapshot

Supplied Zillow Observed Rent Index, 2026-09-30. ZORI describes typical asking rent in its sample, not the rent or income of your property.

Typical monthly rent
$1,534
Metro
Nashville-Davidson--Murfreesboro--Franklin, TN
County in dataset
Robertson County

The comparison figure is $1,613. It is the median of the supplied city ZORI figures within Tennessee, not a statewide household-rent statistic. This location is 4.9% below that comparison.

Operating examples at this rent

Annual gross, 12 paid months
$18,408
One vacant week, annualized
$354
Example 3× income threshold
$4,602

These are calculations, not forecasts or client results. Gross rent excludes vacancy, repairs, taxes, insurance, financing and management. The income threshold is an illustrative policy, not a legal requirement or recommendation. Review local screening restrictions and fair housing obligations before using it.

Deposit limits and notice periods below come from the Tennessee dataset, not independent Springfield ordinances. A rental in this market may be subject to additional municipal rules or exceptions. Confirm the exact address and applicable jurisdiction with the relevant office.

Calvin Cannon Jr. at his desk with a Philadelphia board behind him
Calvin Cannon Jr., The Business of Real Estate. Coaching photograph, not a property in Springfield.

Tennessee: Security deposits

No statutory cap. The URLTA (Tenn. Code § 66-28-301) applies only in counties over 75,000 population; smaller counties have no state deposit statute.

No requirement to pay interest; § 66-28-301(a) requires deposits be held in a dedicated account at a regulated institution.

Tennessee: Notices and tenancy endings

URLTA § 66-28-505: agreement terminates if nonpayment is not cured within 14 days of notice (counties over 75,000). Smaller counties follow § 66-7-109 and the lease.

§ 66-28-512(b): at least 30 days' written notice to terminate a month-to-month tenancy.

Court listed in the supplied dataset: General Sessions Court (detainer; appealable to Circuit Court).

Tennessee: Rent regulation

Tenn. Code § 66-35-102 prohibits any local government from controlling the rent charged for private property.

Tennessee: Licensing and registration

No statewide landlord/rental license requirement.

Tennessee: Lease disclosures and receipts

Lead paint (federal)

Location of the security-deposit account (§ 66-28-301(h))

Name/address of owner or agent authorized to receive notices (§ 66-28-302)

Sources supplied for Tennessee

Dates below are verification dates claimed in the uploaded dataset, not a new review by Calvin's team.

Offices listed in the dataset

Landlord education in Tennessee