homesbycounty

County housing intelligence

Tennessee Housing Market by County

Tennessee is not one housing market. Across 95 counties, the median county home value is $204,700 and the median county rent is $839/mo. The useful question is not whether Tennessee is cheap. It is which county fits your income, tax tolerance, and buy-versus-rent plan.

County median home value

$204,700

Median of county medians, less distorted by the largest metros.

County median rent

$839/mo

Gross rent includes rent plus utilities where Census reports it.

Counties compared

95

Every county with available ACS housing data in this state.

Market brief

The state-level housing signal

These benchmarks use the median county in the state, not one metro-weighted average. That makes the brief better for county comparison and rural-to-urban screening.

Purchase price

State county median vs national benchmark

27% better
State$204,700
U.S.$281,900

Rent

State county median vs national benchmark

28% better
State$839
U.S.$1,163

Owner cost

State county median vs national benchmark

58% better
State$710
U.S.$1,672

Income base

State county median vs national benchmark

21% pressure
State$59,341
U.S.$74,755

Tax rate

State county median vs national benchmark

54% better
State0.47%
U.S.1.02%

The Tennessee Pattern

These are the signals a statewide average hides. Start here before choosing counties to compare.

Price geography

Williamson County, Wilson County, Davidson County sit at the top of the purchase market, while Lake County, Hardeman County, Scott County anchor the lower-cost end.

Rent reality

Williamson County, Davidson County, Rutherford County lead on rent, while Lake County, Clay County, Pickett County show where monthly lease costs are lowest.

Decision lens

Perry County, Obion County, Gibson County screen best for purchase affordability when home values are measured against local household income.

Best Counties by Housing Goal

Different households need different rankings. Price alone is not enough, so these groups compare rent, income, owner costs, and tax exposure.

Cheapest to buy

Lowest median home values. Useful for purchase-price screening.

Best buy affordability

Lowest home-value-to-income ratios. Better than price alone.

  1. 1. Perry County

    2.3x home-value-to-income

  2. 2. Obion County

    2.4x home-value-to-income

  3. 3. Gibson County

    2.5x home-value-to-income

  4. 4. Morgan County

    2.5x home-value-to-income

  5. 5. Wayne County

    2.5x home-value-to-income

Cheapest to rent

Lowest median gross rent among counties with ACS rent data.

Lowest rent burden

Where typical renters spend the smallest share of income on rent.

  1. 1. Houston County

    19.8% rent burden

  2. 2. Van Buren County

    19.8% rent burden

  3. 3. Stewart County

    20.0% rent burden

  4. 4. Meigs County

    21.5% rent burden

  5. 5. Decatur County

    21.6% rent burden

Lowest tax-rate signal

Lowest effective property-tax rates in the state data.

  1. 1. Sevier County

    0.28% effective tax rate

  2. 2. Cumberland County

    0.29% effective tax rate

  3. 3. Fentress County

    0.32% effective tax rate

  4. 4. Loudon County

    0.33% effective tax rate

  5. 5. Fayette County

    0.33% effective tax rate

Owner-cost advantage

Counties where median owner costs are furthest below median rent.

  1. 1. Bledsoe County

    $364/mo cheaper to own than rent

  2. 2. Meigs County

    $342/mo cheaper to own than rent

  3. 3. Stewart County

    $314/mo cheaper to own than rent

  4. 4. Sevier County

    $313/mo cheaper to own than rent

  5. 5. Overton County

    $308/mo cheaper to own than rent

Income-backed value

Higher-income counties that still hold a reasonable value-to-income profile.

  1. 1. Morgan County

    $65,954 income, 2.5x value-to-income

  2. 2. Gibson County

    $62,755 income, 2.5x value-to-income

  3. 3. Williamson County

    $135,594 income, 5.5x value-to-income

  4. 4. Perry County

    $55,972 income, 2.3x value-to-income

  5. 5. Crockett County

    $62,165 income, 2.6x value-to-income

Tradeoffs to Check

The best page is not the one that crowns a winner. It is the one that shows where a county can surprise you after the headline price looks attractive.

SignalCountyWhat it means
Cheap price, weaker income baseLake County

$97,900 home value, $28,814 income

Low purchase prices can still feel tight when local wages are also low.
Affordable homes, higher tax rateLake County

$97,900 home value, 0.67% tax rate

A low home price can be offset by the annual property-tax bill.
Renter pressureSequatchie County

$818/mo rent, 37.50% rent burden

Monthly rent alone does not show whether renters can comfortably absorb the cost.
Expensive, but income-supportedWilliamson County

$751,900 home value, $135,594 income

Some high-price counties also have stronger incomes, so affordability depends on both sides of the equation.

Compare Every Tennessee County

Sorted by home-value-to-income ratio so the first rows are not just cheap counties, but counties where purchase prices look smaller relative to local income.

Swipe sideways to compare all metrics.
CountyHome ValueRentIncomeValue/IncomeTax Rate
Perry County$126,900$758/mo$55,972
2.3x
0.53%
Obion County$133,600$770/mo$54,613
2.4x
0.52%
Gibson County$156,900$819/mo$62,755
2.5x
0.66%
Morgan County$166,300$770/mo$65,954
2.5x
0.52%
Wayne County$130,700$619/mo$52,294
2.5x
0.49%
Crockett County$158,900$857/mo$62,165
2.6x
0.59%
Hardeman County$121,700$812/mo$46,069
2.6x
0.63%
Carroll County$142,400$755/mo$51,787
2.7x
0.58%
Polk County$169,900$676/mo$62,522
2.7x
0.50%
Chester County$164,400$756/mo$59,341
2.8x
0.52%
Scott County$124,900$686/mo$44,711
2.8x
0.51%
Dyer County$166,400$782/mo$58,154
2.9x
0.63%
Houston County$172,700$735/mo$59,576
2.9x
0.54%
Lauderdale County$143,200$774/mo$49,879
2.9x
0.59%
Meigs County$180,000$875/mo$61,375
2.9x
0.39%
Van Buren County$159,200$700/mo$54,931
2.9x
0.44%
Weakley County$151,200$803/mo$51,880
2.9x
0.48%
Benton County$153,600$768/mo$51,746
3.0x
0.48%
Haywood County$152,400$762/mo$50,472
3.0x
0.62%
Henderson County$164,800$745/mo$55,136
3.0x
0.48%
McNairy County$161,800$723/mo$53,473
3.0x
0.38%
Decatur County$139,600$757/mo$45,375
3.1x
0.46%
Hawkins County$176,300$785/mo$56,936
3.1x
0.54%
Lewis County$173,400$708/mo$56,285
3.1x
0.48%
Claiborne County$159,900$745/mo$49,379
3.2x
0.49%
Grundy County$154,000$636/mo$47,593
3.2x
0.38%
Hardin County$160,400$775/mo$49,956
3.2x
0.41%
Henry County$160,200$761/mo$50,613
3.2x
0.44%
Humphreys County$193,400$862/mo$60,616
3.2x
0.48%
Jackson County$155,500$758/mo$47,951
3.2x
0.46%
Marion County$195,200$853/mo$61,824
3.2x
0.43%
Roane County$232,900$785/mo$71,885
3.2x
0.53%
Stewart County$204,700$945/mo$63,114
3.2x
0.46%
Tipton County$240,600$1,013/mo$74,127
3.2x
0.50%
Cocke County$158,100$798/mo$48,016
3.3x
0.57%
Fentress County$168,200$709/mo$51,149
3.3x
0.32%
Hickman County$224,100$893/mo$68,247
3.3x
0.46%
Union County$204,000$847/mo$62,727
3.3x
0.37%
Carter County$168,200$739/mo$50,135
3.4x
0.51%
Clay County$136,400$557/mo$39,972
3.4x
0.56%
Johnson County$178,600$674/mo$53,129
3.4x
0.40%
Lake County$97,900$532/mo$28,814
3.4x
0.67%
McMinn County$211,800$803/mo$61,470
3.4x
0.35%
Bledsoe County$189,400$830/mo$54,720
3.5x
0.36%
Jefferson County$229,300$904/mo$66,114
3.5x
0.43%
Madison County$211,800$1,123/mo$60,042
3.5x
0.56%
Overton County$173,200$832/mo$48,959
3.5x
0.39%
Warren County$192,900$827/mo$55,487
3.5x
0.42%
Anderson County$239,400$1,031/mo$66,183
3.6x
0.54%
Campbell County$186,500$716/mo$51,557
3.6x
0.37%
Lawrence County$194,400$763/mo$54,706
3.6x
0.53%
Lincoln County$229,700$857/mo$64,667
3.6x
0.45%
Pickett County$178,500$564/mo$49,030
3.6x
0.41%
Sullivan County$213,300$889/mo$58,807
3.6x
0.58%
Unicoi County$189,600$750/mo$52,218
3.6x
0.52%
Franklin County$236,900$894/mo$63,494
3.7x
0.53%
Grainger County$189,200$746/mo$50,538
3.7x
0.48%
Greene County$207,500$737/mo$56,194
3.7x
0.43%
Montgomery County$280,200$1,308/mo$75,613
3.7x
0.61%
Rhea County$206,000$839/mo$55,033
3.7x
0.43%
Smith County$243,800$922/mo$66,293
3.7x
0.47%
Cheatham County$338,700$1,345/mo$89,852
3.8x
0.47%
Giles County$234,300$862/mo$62,307
3.8x
0.42%
Hamblen County$210,900$857/mo$55,454
3.8x
0.41%
Hancock County$134,500$622/mo$34,960
3.8x
0.45%
Macon County$225,700$846/mo$59,177
3.8x
0.39%
Bradley County$261,900$1,030/mo$66,552
3.9x
0.45%
Fayette County$340,800$902/mo$88,456
3.9x
0.33%
Marshall County$279,800$946/mo$71,049
3.9x
0.48%
Shelby County$249,100$1,232/mo$63,767
3.9x
0.98%
Coffee County$246,800$913/mo$61,505
4.0x
0.57%
Monroe County$227,500$714/mo$56,895
4.0x
0.41%
Robertson County$335,000$1,199/mo$83,047
4.0x
0.47%
Sequatchie County$232,600$818/mo$58,750
4.0x
0.45%
Washington County$249,000$1,005/mo$62,809
4.0x
0.52%
White County$207,200$849/mo$52,188
4.0x
0.40%
Blount County$320,500$1,090/mo$77,365
4.1x
0.45%
Cumberland County$250,500$839/mo$60,375
4.1x
0.29%
Dickson County$306,400$1,015/mo$75,003
4.1x
0.47%
Hamilton County$312,800$1,253/mo$76,183
4.1x
0.62%
Loudon County$348,000$1,062/mo$84,185
4.1x
0.33%
Bedford County$281,200$1,051/mo$67,225
4.2x
0.48%
Cannon County$252,000$908/mo$59,443
4.2x
0.43%
Knox County$320,900$1,261/mo$74,222
4.3x
0.43%
Moore County$285,300$841/mo$66,469
4.3x
0.45%
DeKalb County$235,500$839/mo$53,153
4.4x
0.35%
Sumner County$393,100$1,424/mo$90,301
4.4x
0.51%
Rutherford County$382,600$1,502/mo$85,470
4.5x
0.48%
Wilson County$428,000$1,486/mo$95,839
4.5x
0.42%
Trousdale County$337,600$853/mo$72,747
4.6x
0.35%
Maury County$355,700$1,300/mo$76,130
4.7x
0.45%
Putnam County$282,500$908/mo$58,912
4.8x
0.48%
Sevier County$299,000$1,072/mo$62,581
4.8x
0.28%
Davidson County$417,400$1,582/mo$77,853
5.4x
0.60%
Williamson County$751,900$1,969/mo$135,594
5.5x
0.40%

Questions This Page Answers

Each answer is generated from the current county dataset, so it changes when the underlying ACS data changes.

What is the typical home value in Tennessee by county?
The median county home value in Tennessee is $204,700. County medians vary widely, so the best comparison is county-to-county rather than one statewide average.
What is the typical rent in Tennessee by county?
The median county rent in Tennessee is $839/mo. The lowest-rent counties in the current data include Lake County, Clay County, Pickett County.
Which Tennessee counties are most affordable to buy in?
Perry County, Obion County, Gibson County have some of the lowest home-value-to-income ratios in Tennessee, which makes them stronger purchase-affordability screens than home value alone.
Why do cheap counties still need a closer look?
A low home value can come with lower local income, higher property-tax rates, weaker services, or thin data coverage. Check price, rent burden, income, and tax rate together before comparing counties.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.