Ranked from ACS 2023 5-Year
Lowest Price-to-Rent Ratios in Tennessee
Price-to-rent is the median home value divided by a year of median gross rent, so a ratio of 12 means the house costs about twelve years of rent. Low ratios are where buying is cheapest against the local alternative. It is the one comparison on this site that assumes nothing about mortgage rates, down payment or how long you stay, which is why it travels well between counties. Both figures are Census five-year estimates for the same period, and rent here includes the utilities a tenant pays.
Tennessee ranked
| # | County | Price-to-rent | Median home | Median rent |
|---|---|---|---|---|
| 1 | Hardeman County | 11.9 yrs | $116,800 | $818 |
| 2 | Perry County | 12.7 yrs | $113,800 | $747 |
| 3 | Benton County | 13.0 yrs | $123,400 | $788 |
| 4 | Crockett County | 13.1 yrs | $134,100 | $854 |
| 5 | Obion County | 13.3 yrs | $122,700 | $770 |
| 6 | Carroll County | 13.4 yrs | $122,100 | $757 |
| 7 | Haywood County | 13.7 yrs | $119,600 | $725 |
| 8 | Lauderdale County | 14.0 yrs | $122,100 | $729 |
| 9 | Jackson County | 14.0 yrs | $135,200 | $804 |
| 10 | Scott County | 14.1 yrs | $116,800 | $691 |
| 11 | Madison County | 14.7 yrs | $189,700 | $1,076 |
| 12 | Weakley County | 14.9 yrs | $136,300 | $760 |
| 13 | Cocke County | 15.0 yrs | $141,800 | $787 |
| 14 | Grundy County | 15.4 yrs | $133,400 | $723 |
| 15 | Decatur County | 15.6 yrs | $133,900 | $716 |
| 16 | Gibson County | 15.7 yrs | $149,700 | $797 |
| 17 | Henderson County | 16.0 yrs | $156,000 | $812 |
| 18 | Morgan County | 16.2 yrs | $144,000 | $742 |
| 19 | Henry County | 16.3 yrs | $145,200 | $741 |
| 20 | Shelby County | 16.4 yrs | $229,700 | $1,170 |
| 21 | Hancock County | 16.6 yrs | $118,000 | $592 |
| 22 | Hardin County | 16.7 yrs | $154,000 | $770 |
| 23 | Claiborne County | 16.8 yrs | $148,000 | $736 |
| 24 | Montgomery County | 17.0 yrs | $248,300 | $1,219 |
| 25 | Polk County | 17.0 yrs | $136,400 | $668 |
| 26 | Wayne County | 17.0 yrs | $126,600 | $619 |
| 27 | Overton County | 17.2 yrs | $171,700 | $833 |
| 28 | Marion County | 17.2 yrs | $173,600 | $840 |
| 29 | Dyer County | 17.5 yrs | $159,500 | $760 |
| 30 | Van Buren County | 17.6 yrs | $149,200 | $705 |
| 31 | Bledsoe County | 17.7 yrs | $165,400 | $779 |
| 32 | Carter County | 17.8 yrs | $157,200 | $738 |
| 33 | McNairy County | 17.8 yrs | $151,100 | $706 |
| 34 | Lewis County | 17.9 yrs | $157,800 | $735 |
| 35 | Pickett County | 17.9 yrs | $162,200 | $755 |
| 36 | Chester County | 18.1 yrs | $155,200 | $714 |
| 37 | Stewart County | 18.2 yrs | $182,700 | $837 |
| 38 | Tipton County | 18.2 yrs | $220,100 | $1,007 |
| 39 | Hickman County | 18.2 yrs | $192,000 | $877 |
| 40 | Houston County | 18.3 yrs | $150,100 | $685 |
| 41 | Union County | 18.3 yrs | $186,300 | $849 |
| 42 | Meigs County | 18.3 yrs | $185,500 | $845 |
| 43 | Rhea County | 18.7 yrs | $178,500 | $796 |
| 44 | Hawkins County | 18.7 yrs | $166,900 | $744 |
| 45 | Warren County | 18.7 yrs | $173,900 | $775 |
| 46 | Sullivan County | 18.7 yrs | $190,800 | $850 |
| 47 | Anderson County | 18.7 yrs | $215,800 | $960 |
| 48 | Humphreys County | 18.8 yrs | $186,900 | $830 |
| 49 | Hamblen County | 18.8 yrs | $188,800 | $838 |
| 50 | Lake County | 18.9 yrs | $107,000 | $472 |
| 51 | White County | 18.9 yrs | $190,200 | $838 |
| 52 | Cheatham County | 19.1 yrs | $291,400 | $1,274 |
| 53 | Grainger County | 19.7 yrs | $172,000 | $726 |
| 54 | Knox County | 19.8 yrs | $279,700 | $1,180 |
| 55 | Campbell County | 19.8 yrs | $169,500 | $715 |
| 56 | Jefferson County | 19.9 yrs | $210,000 | $880 |
| 57 | Lawrence County | 20.0 yrs | $176,700 | $736 |
| 58 | McMinn County | 20.0 yrs | $190,400 | $792 |
| 59 | Bradley County | 20.1 yrs | $230,800 | $959 |
| 60 | Hamilton County | 20.2 yrs | $282,100 | $1,163 |
| 61 | Washington County | 20.3 yrs | $231,700 | $951 |
| 62 | Giles County | 20.3 yrs | $204,100 | $836 |
| 63 | Rutherford County | 20.5 yrs | $346,400 | $1,405 |
| 64 | Fentress County | 20.6 yrs | $151,800 | $614 |
| 65 | Franklin County | 20.8 yrs | $215,700 | $863 |
| 66 | Clay County | 20.9 yrs | $136,900 | $546 |
| 67 | Robertson County | 21.0 yrs | $296,700 | $1,176 |
| 68 | Unicoi County | 21.1 yrs | $168,200 | $665 |
| 69 | Maury County | 21.2 yrs | $307,500 | $1,206 |
| 70 | Smith County | 21.3 yrs | $224,500 | $877 |
| 71 | Sevier County | 21.3 yrs | $259,500 | $1,013 |
| 72 | Coffee County | 21.4 yrs | $227,300 | $885 |
| 73 | Sequatchie County | 21.6 yrs | $217,800 | $842 |
| 74 | Davidson County | 21.7 yrs | $386,600 | $1,485 |
| 75 | Greene County | 21.8 yrs | $186,400 | $713 |
| 76 | Macon County | 21.9 yrs | $211,200 | $805 |
| 77 | Blount County | 22.0 yrs | $275,700 | $1,042 |
| 78 | Marshall County | 22.2 yrs | $246,100 | $924 |
| 79 | DeKalb County | 22.3 yrs | $206,600 | $773 |
| 80 | Lincoln County | 22.3 yrs | $209,100 | $782 |
| 81 | Sumner County | 22.7 yrs | $364,000 | $1,339 |
| 82 | Johnson County | 22.9 yrs | $175,500 | $639 |
| 83 | Cumberland County | 22.9 yrs | $228,000 | $829 |
| 84 | Roane County | 23.1 yrs | $212,300 | $767 |
| 85 | Bedford County | 23.2 yrs | $255,300 | $917 |
| 86 | Putnam County | 23.3 yrs | $246,800 | $881 |
| 87 | Dickson County | 23.4 yrs | $272,700 | $972 |
| 88 | Monroe County | 23.8 yrs | $199,700 | $699 |
| 89 | Wilson County | 24.1 yrs | $397,000 | $1,370 |
| 90 | Cannon County | 24.3 yrs | $227,600 | $781 |
| 91 | Loudon County | 24.5 yrs | $292,600 | $995 |
| 92 | Moore County | 29.0 yrs | $259,300 | $746 |
| 93 | Trousdale County | 29.4 yrs | $284,100 | $805 |
| 94 | Williamson County | 29.6 yrs | $673,700 | $1,895 |
| 95 | Fayette County | 29.8 yrs | $316,000 | $883 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Lowest Price-to-Rent Ratios across all 3,133 US counties · Every county in Tennessee