Tennessee Rent Increase Laws

View of Nashville's iconic AT&T Building and downtown skyline in Tennessee, USA.
Last updated iconLast updated June 1st, 2026

Every year, the cost of landlording goes up. As mortgage interest creeps up and maintenance prices slowly climb, you can’t let your rent payment income fall behind. And while this Southeastern region isn’t a rent-controlled state, all rental owners must comply with Tennessee rent increase laws.

Here’s a helpful guide for landlords in Nashville, Knoxville, Memphis, and beyond. We’ll review notice requirements, state and federal legal guidelines, and best practices. We also include TurboTenant’s free rent increase letter template to make informing tenants fast and easy.

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Tennessee Rent Increase FAQs

How much can I raise rent in Tennessee?

While each state sets its own rent increase laws, Tennessee doesn’t cap price adjustments. Landlords can raise their rates by any reasonable amount, provided they comply with the state’s notice requirements.

Is there a maximum late fee in Tennessee?

When it comes to late fees, state law doesn’t limit landlords, either. Make sure you outline your fee structure in your lease agreement and that tenants agree to it. Tennessee law doesn’t require grace periods.

Can I increase rent if the tenant is on a verbal agreement?

Yes, just make sure you notify tenants 30 days in advance if you have a verbal month-to-month agreement (Tenn. Code § 66-28-512(b)).