CostBy County

Cost of Living in Anderson County, Tennessee

$1,031/mo
Median Monthly Rent
$239,400
Median Home Value

At a Glance

Median Monthly Rent
$1,031/mo
15% above state average
Median Home Value
$239,400
28% below national
Census GRAPI
28.0%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Anderson County Compares

Median monthly rent comparison

Anderson County$1,031/mo
Tennessee Average$893/mo
National Median$1,413/mo

Detailed Housing Stats

$1,031/mo
Median Gross Rent
$239,400
Median Home Value
$902/mo
Monthly Owner Cost
28.0%
Census GRAPI

National Ranking

Affordability Rank

Anderson County ranks #2,074 of 3,142 counties for affordability (bottom 34%)

Most AffordableLeast Affordable

Sourced county brief

Anderson County Median Gross Rent Reaches $1,031 Monthly

Median gross rent in Anderson County was estimated at $1,031 per month, which is $138 above the Tennessee unweighted county mean of $893. According to the U.S. Census Bureau ACS 2020-2024 5-Year Estimates, the official ACS B25071 median gross rent as a percentage of household income (GRAPI) was 28.0%. This figure differs from the state unweighted county mean GRAPI of 26.9% by 1.1 percentage points. Median selected monthly owner costs for all owner-occupied units in the county were $902, compared to the state unweighted county mean of $788. The median home value was reported at $239,400, while the state unweighted county mean was $223,385. Median renter-household income for the period was $43,490. These figures provide a statistical snapshot of the county's housing costs and renter income levels during the five-year period based on dataVersion acs5-2020-2024 and methodologyVersion cost-brief-v1, lastReviewedAt 2026-07-10. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Anderson County

Affordability Verdict

ACS B25071 estimates median gross rent at 28.0% of renter household income in Anderson County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $1,031 per month; median selected monthly owner costs are $902. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $41,240 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Tennessee unweighted mean of county median rents is $893 per month. Anderson County's $1,031 median is 15.5% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Anderson County

$

Rent Burden

18.7%

of gross income

Max Housing (28% Rule)

$1,544

per month

Owner Cost Burden

16.4%

of gross income

The median home in Anderson County may be a stretch

Median home value is $239,400. Estimated monthly cost: $1,911 vs. your max of $1,544.

Rent Affordability Guide

Your entered rent as a share of entered income18.7%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $66,183Needed: $41,240
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $66,183Needed: $38,657
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $66,183Needed: $55,715

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Anderson County, Tennessee?
Anderson County, Tennessee has a median monthly rent of $1,031/mo and a median home value of $239,400. The affordability rating is Affordable, with median gross rent equal to approximately 28.0% of renter household income.
What is the median rent in Anderson County?
The median gross rent in Anderson County is $1,031/mo. This is 15% above state average for Tennessee.
Is Anderson County affordable?
Anderson County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 28.0%. Median gross rent is under 30% of renter household income.
How does Anderson County's rent compare to the state average?
Anderson County's median rent of $1,031/mo is 15% above state average of $893/mo for Tennessee.
What is the median home value in Anderson County?
The median home value in Anderson County, Tennessee is $239,400. This is 28% below the national median home value of $332,700.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Anderson County, Tennessee? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Anderson County

Whether you're buying in Anderson County, Tennessee, or refinancing, compare rates from top lenders using the terms each lender provides.

See Today's Rates
Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.