LivabilityCalc
Find Your City
State Housing Overview

Rent & Housing in Tennessee

Based on comprehensive economic data across 115 tracked municipalities, Tennessee presents diverse cost of living environments. Macroeconomic modeling identifies Humboldt as the most cost-efficient market, contrasting starkly with the elevated real estate valuations found in Brentwood. Tennessee offers a highly favorable tax environment with 0% state income tax, though typical property tax rates hover around 0.66%. Financial planning in TN requires careful alignment of localized housing costs against state-level tax obligations.

Use this state hub to understand the statewide housing baseline first, then drop into city pages for a household-level feasibility verdict. The key question here is not just whether Tennessee is “cheap” or “expensive”, but which cities look most livable once rent, home values, taxes, and household income are considered together.

Data Updated: March 2026
State Housing Snapshot
Average Rent Burden
20%
Avg annual rent vs household income
Average Price-to-Income
4.5x
Avg home value vs household income
Best Cost Baseline
Humboldt, TN
Index 71
Highest Pressure
Brentwood, TN
Index 231
Statewide Housing Verdict
Mixed

Tennessee sits in the middle: neither uniformly cheap nor uniformly unaffordable. The statewide baseline is 20% average rent burden and 4.5x home-price-to-income, so the best next step is to compare lower-pressure cities against higher-cost metros rather than assuming the whole state behaves the same way.

Average rent burden: 20%Average price-to-income: 4.5xBest baseline city: Humboldt, TNHighest-pressure city: Brentwood, TN

Tennessee Tax Radar

Max Income Tax
0%
No State Income Tax
Est. Sales Tax
9.55%
Local + State Avg
Effective Property Tax
0.66%
Statewide Average
$
Default set to 2023 National Median ($74,580)

At a gross income of $74,580, Tennessee enforces a highly favorable 0% effective state tax burden. Compared to standard progressive tax states, moving your payroll here cleanly sidesteps any immediate state-level penalty deductions on your paycheck.

Cities Tracked
115
Avg Home Value
$312,747
National: $303,400
Avg Rent
$1,121
National: $1,348
Avg Income
$68,859
National: $78,538

All Cities in Tennessee

CityPop.Home ValueRentIncomeIndex
Nashville-Davidson metropolitan government (balance)684,298$383,100$1,486$75,197106
Memphis629,063$142,870$1,234$51,21176
Knoxville193,721$363,688$1,708$50,994106
Chattanooga182,832$314,306$1,499$61,02899
Clarksville171,897$316,024$1,376$66,78697
Murfreesboro157,547$421,928$1,683$76,241113
Franklin85,575$904,529$2,025$115,000172
Johnson City71,455$283,490$957$55,42989
Jackson68,098$220,990$1,094$51,55283
Hendersonville62,390$512,852$1,552$91,503122
Bartlett56,998$283,700$1,658$100,66097
Kingsport55,807$203,000$843$50,43679
Smyrna55,066$399,458$1,366$78,409107
Spring Hill53,585$518,068$1,738$106,658125
Collierville51,212$458,300$1,574$134,319116
Cleveland48,185$305,821$966$55,90492
Gallatin46,667$427,850$1,299$73,589109
Brentwood45,272$1,367,356$2,497$184,720231
Columbia43,971$261,700$1,092$61,20488
Lebanon41,951$436,041$1,210$71,320109
Mount Juliet40,828$553,581$1,875$107,847130
Germantown40,812$478,938$1,760$144,799121
La Vergne38,944$348,579$1,714$80,418105
Cookeville35,544$313,119$885$48,50194
Maryville32,196$382,478$1,149$79,340102
Oak Ridge32,088$318,285$1,076$71,00094
Morristown30,983$263,589$855$44,81185
Bristol27,490$182,500$764$55,00776
Farragut24,309$677,796$1,691$142,402142
Shelbyville24,125$307,390$935$52,29093
East Ridge22,034$254,087$1,112$55,98887
Tullahoma20,672$289,354$866$60,85590
Springfield18,985$324,584$1,107$58,74195
Sevierville18,105$408,752$1,000$55,106106
Goodlettsville17,598$384,261$1,370$65,898105
Dickson16,246$263,100$999$69,07487
Dyersburg16,075$170,900$759$51,84676
Seymour15,914$363,104$1,530$85,240107
Greeneville15,531$240,110$680$51,51683
Arlington14,989$407,325$2,046$125,909115
Nolensville14,545$822,314$2,557$170,068169
Elizabethton14,364$224,793$751$44,83480
Athens14,250$197,300$807$53,15180
Lakeland14,068$373,800$1,611$113,843107
White House13,875$311,200$1,362$87,31597
McMinnville13,765$147,200$756$43,34873
Powell13,544$353,969$1,153$85,28199
Portland13,325$327,393$1,100$72,38096
Soddy-Daisy13,117$241,400$996$67,82485
Manchester12,651$320,918$897$55,01995
Lewisburg12,607$183,400$859$52,63478
Crossville12,265$230,300$827$50,67283
Red Bank11,960$246,100$1,118$61,78886
Middle Valley11,808$277,400$1,255$93,26493
Hartsville/Trousdale County11,805$284,100$805$63,19090
Lawrenceburg11,732$158,100$768$41,45874
Alcoa11,635$232,300$1,057$60,04984
Collegedale11,185$413,205$1,435$64,905109
Millington11,117$234,282$1,059$51,69584
Union City11,040$138,400$732$45,52372
Martin10,864$177,700$808$41,51077
Lenoir City10,681$405,805$913$60,480103
Paris10,313$142,700$763$39,36573
Atoka10,237$346,361$1,279$86,922100
Clinton10,141$325,566$858$64,00592
Fairview9,751$545,400$1,203$88,333122
Brownsville9,634$162,228$737$39,48873
Winchester9,600$350,774$893$59,49798
Oakland9,544$350,904$1,815$89,240106
Halls9,455$136,956$1,007$89,03273
Fairfield Glade9,149$321,300$1,191$73,56998
Signal Mountain8,861$605,541$1,843$139,714136
Bloomingdale8,840$141,800$849$50,40874
Covington8,612$201,448$910$43,51279
Jefferson City8,472$205,000$832$53,81979
Harrison8,446$335,007$1,232$89,75398
Pulaski8,305$168,200$802$45,42076
Milan8,194$178,503$802$45,60875
Lexington7,943$173,200$758$49,25376
Thompson's Station7,855$731,734$2,124$122,139153
Humboldt7,799$152,470$757$42,87371
South Cleveland7,748$195,700$880$64,60780
Ripley7,718$152,200$745$39,04773
La Follette7,308$222,178$690$34,67879
Savannah7,219$163,100$757$41,39675
Dayton7,191$256,924$807$56,69287
Church Hill7,057$192,600$1,041$69,43380
Fayetteville7,037$191,100$753$50,89078
Greenbrier6,960$374,328$1,253$82,308102
Tellico Village6,901$484,900$2,020$98,214126
Newport6,881$124,300$780$40,09671
Green Hill6,617$422,931$1,191$91,397107
Lynchburg6,611$339,331$746$66,68795
Sweetwater6,462$166,000$625$44,66174
Munford6,459$282,400$1,086$86,49290
Henderson6,349$170,975$725$57,72773
Pigeon Forge6,345$413,541$953$53,839106
Loudon6,235$489,797$849$58,810111
Jonesborough6,056$322,936$1,103$63,15595
Kingston6,042$204,200$699$70,53277
Harriman6,021$234,507$737$42,18381
Erwin6,001$216,875$602$45,42277
Millersville5,885$280,800$1,336$70,41195
Eagleton Village5,849$169,700$1,121$67,59680
McKenzie5,706$140,200$669$35,98871
Lafayette5,643$189,800$847$44,92477
Dunlap5,546$265,636$890$38,66686
Rockwood5,510$225,285$725$37,86779
Mount Carmel5,504$179,700$804$71,33676
Ashland City5,318$341,797$1,333$73,921100
Medina5,268$316,733$1,089$93,96494
Madisonville5,184$202,600$663$45,27478
Bolivar5,171$136,000$827$38,57573
Smithville5,158$153,500$676$29,50773
Pleasant View5,111$409,909$1,602$101,591111

FAQ: Living in Tennessee

What is the most affordable city to live in Tennessee?+

Among the cities we track, Humboldt stands out as the most affordable option in Tennessee. The median home value there is $152,470, and monthly rent typically runs around $757. The local median household income is $42,873, which tends to go further here than in much of the state.

What is the most expensive city in Tennessee?+

Brentwood is currently the priciest market in TN. Homes there are valued at a median of $1,367,356, and renters can expect to pay around $2,497/month. Incomes are higher too — the median household earns $184,720 — but whether that fully offsets the cost premium depends on your lifestyle.

How are taxes in Tennessee?+

Tennessee is one of the few US states with no state income tax, which is a significant perk for high earners. However, the state makes up revenue in other ways. Property taxes average 0.66% statewide — among the lowest in the country. Combined state and local sales tax can reach 9.55%.

How much does housing vary across Tennessee?+

There's a huge range. In Humboldt, the median home costs around $152,470. In Brentwood, that number jumps to $1,367,356 — roughly 8x more. Rents follow a similar pattern: approximately $757/month vs. $2,497/month. Where you choose to settle within TN can make a dramatic difference in your monthly budget.

Is Tennessee a good state to move to?+

It depends on your priorities and budget. Tennessee offers a tax-friendly environment with no state income tax, a wide range of living costs depending on the city. You can find very affordable communities alongside expensive metro areas. Home prices range from around $152,470 in budget-friendly areas to $1,367,356 in premium markets. Use the city comparison tool to compare housing, rent, property tax, and everyday cost pressure across locations in TN.

Explore Other States

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaii
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
Data Sources & Methodology
  • Real Estate & Housing: Zillow Home Value Index (ZHVI, Smoothed & Seasonally Adjusted) and Zillow Observed Rent Index (ZORI). Structural fallback utilizes U.S. Census Bureau ACS 5-Year Estimates.
  • Goods, Utilities & Services: U.S. Bureau of Economic Analysis (BEA) Metropolitan Area Regional Price Parities (MARPP), incorporating verified State Nonmetropolitan averages.
  • Mortgage Rates: Freddie Mac 30-Year Fixed Rate Mortgage Average in the United States (PMMS) via Federal Reserve Economic Data (FRED).
  • Tax Context: State-level property, sales, and income-tax context used for place-side relocation planning. Personal take-home pay and offer analysis are handled by salary.city.
  • Index Methodology: Weighting matrix derived from Bureau of Labor Statistics (BLS) Consumer Expenditure Surveys (CEX) distributional models. Baseline standardized at 100. (Read methodology details)
Last data update: March 2026 · Mortgage rates updated monthly