Total monthly cost of ownership
Cost to Own a Home in Dandridge, Tennessee
A $261,000 home here costs
$1,990per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,342. The real number is $649 higher every month — 48% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Dandridge against Jefferson County and Tennessee
| Measure | Dandridge | Jefferson County |
|---|---|---|
| Median home value | $260,800 | $210,000 |
| Median property tax | $1,476 | $990 |
| Effective tax rate | 0.566% | 0.471% |
| Median gross rent | $780 | $880 |
| Population | 3,426 | 55,835 |
The weather behind that power bill
Dandridge sits in Jefferson County, which averages a high of 87.0°F in its hottest month and a low of 24.5°F in its coldest, with 48.53" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,042 cooling and 4,338 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Jefferson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jefferson County
Full Jefferson County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Dandridge?
A $261,000 home in Dandridge, Tennessee costs approximately $1,990 per month with 20% down at 6.66%. That is $1,342 principal and interest, $123 property tax, $110 homeowners insurance, $198 utilities and $218 set aside for maintenance.
What is the property tax rate in Dandridge?
Dandridge has an effective property tax rate of 0.566%, based on a median home value of $260,800 and median real estate taxes of $1,476. That is higher than the Jefferson County average of 0.471%.
What is the average home price in Dandridge?
The median owner-occupied home value in Dandridge, Tennessee is $260,800, against $210,000 across Jefferson County.
Is it cheaper to rent or buy in Dandridge?
Median gross rent in Dandridge is $780 a month, against $1,990 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Dandridge — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Tennessee.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.