Centerville, TN

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Centerville short-term rental market based on reliable data.

Listings

61 / 138

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$22,457

Middle-Earners Revenue

Occupancy

56%

Middle-Earners Occupancy

Home Value

$251,355

Median Home Sale Price

Top Earners

$42,891

Top-Earners Revenue

Centerville

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Centerville.

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B

Generally Investor friendly

Centerville Regulations

STRs are allowed statewide with no prohibitions, but investors must navigate multi‑layered compliance: county and city business licenses, zoning verification/approval (with special use/temporary permits possible), a detailed permit application with certified floor/site plans and neighborhood notification, and state safety requirements including $500,000 liability insurance and life safety systems. This increases permitting complexity and cost, but clear allowances, manageable procedural steps, and the absence of explicit caps keep compliance workable rather than prohibitive.

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About Centerville

Centerville is a small town that serves as the county seat of Hickman County in middle Tennessee, with a population of approximately 3,500 residents. It has a quiet, traditional small-town character centered around a modest town square, and it functions as a gateway to the rural landscapes, rivers, and historic sites of the surrounding region. Centerville is located roughly 55 miles southwest of Nashville, about an hour's drive via Interstate 40, putting it within easy reach of the city while feeling a world apart.

The Duck River flows through the Centerville area and is recognized as one of the most biologically diverse rivers in North America, supporting an exceptional array of freshwater mussels, fish, and aquatic life. The river draws paddlers, anglers, and naturalists who appreciate its scenic bluffs and clean water. Several canoe and kayak access points lie within a short drive of the town, and the river corridor offers some of the best freshwater wildlife viewing in the Southeast.

About a 30-minute drive west of Centerville in Hurricane Mills, Loretta Lynn's Ranch welcomes country music fans to the property where the legendary singer made her home for decades. The site includes a museum devoted to her life and career, along with campgrounds, hiking trails, and seasonal events. The ranch remains an active destination for those interested in the heritage of country music and rural Tennessee life.

To the east of Centerville, the Natchez Trace Parkway, a National Park Service scenic byway, winds through the wooded hills of middle Tennessee on its way south toward Alabama and Mississippi. The parkway invites slow travel, with frequent pull-offs for hiking, picnicking, and visiting historic sites along the old trace. Several access points lie within a 30 to 45-minute drive of Centerville, making it a popular route for road-trippers and history enthusiasts.

Centerville's appeal as a base for short-term rentals comes from its blend of small-town character, affordable lodging options, and proximity to a surprising variety of natural and cultural attractions. Visitors can spend their days on the Duck River, exploring Loretta Lynn's Ranch, or driving the Natchez Trace Parkway, and still be back in town for an evening on the square. For travelers seeking an authentic rural Tennessee experience with easy access to Nashville and the broader region, Centerville offers a quiet, off-the-beaten-path home base.

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