CostBy County

Cost of Living in Cheatham County, Tennessee

$1,345/mo
Median Monthly Rent
$338,700
Median Home Value

At a Glance

Median Monthly Rent
$1,345/mo
51% above state average
Median Home Value
$338,700
2% above national
Census GRAPI
29.6%
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 Cheatham County Compares

Median monthly rent comparison

Cheatham County$1,345/mo
Tennessee Average$893/mo
National Median$1,413/mo

Detailed Housing Stats

$1,345/mo
Median Gross Rent
$338,700
Median Home Value
$1,186/mo
Monthly Owner Cost
29.6%
Census GRAPI

National Ranking

Affordability Rank

Cheatham County ranks #2,666 of 3,142 counties for affordability (bottom 15%)

Most AffordableLeast Affordable

Sourced county brief

Cheatham County Median Gross Rent Reaches $1,345

In Cheatham County, the median gross rent is $1,345 per month, a figure that is $452 higher than the Tennessee unweighted county mean of $893. The official ACS B25071 median gross rent as a percentage of household income (GRAPI) is 29.6%, which is 2.7 percentage points higher than the state unweighted county mean of 26.9%. For homeowners, the median selected monthly owner cost is $1,186, which is $398 above the state unweighted county mean of $788. The median home value in the county was estimated at $338,700, compared to the state unweighted county mean of $223,385. Renter-household median income was reported at $52,026. These statistics represent a snapshot from the 2020-2024 American Community Survey and describe different tenure groups independently. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Cheatham County

Affordability Verdict

ACS B25071 estimates median gross rent at 29.6% of renter household income in Cheatham 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 $1,345 per month; median selected monthly owner costs are $1,186. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $53,800 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. Cheatham County's $1,345 median is 50.7% above that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Cheatham County

$

Rent Burden

18.0%

of gross income

Max Housing (28% Rule)

$2,097

per month

Owner Cost Burden

15.8%

of gross income

The median home in Cheatham County may be a stretch

Median home value is $338,700. Estimated monthly cost: $2,704 vs. your max of $2,097.

Rent Affordability Guide

Your entered rent as a share of entered income18.0%
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: $89,852Needed: $53,800
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $89,852Needed: $50,829
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $89,852Needed: $78,825

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 Cheatham County, Tennessee?
Cheatham County, Tennessee has a median monthly rent of $1,345/mo and a median home value of $338,700. The affordability rating is Affordable, with median gross rent equal to approximately 29.6% of renter household income.
What is the median rent in Cheatham County?
The median gross rent in Cheatham County is $1,345/mo. This is 51% above state average for Tennessee.
Is Cheatham County affordable?
Cheatham County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 29.6%. Median gross rent is under 30% of renter household income.
How does Cheatham County's rent compare to the state average?
Cheatham County's median rent of $1,345/mo is 51% above state average of $893/mo for Tennessee.
What is the median home value in Cheatham County?
The median home value in Cheatham County, Tennessee is $338,700. This is 2% above the national median home value of $332,700.

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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.

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