Cost of Living in Davidson County, Tennessee
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
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 Davidson County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Davidson County ranks #2,910 of 3,142 counties for affordability (bottom 7%)
Sourced county brief
Davidson County Median Gross Rent Estimated at $1,582 Monthly
In Davidson County, the median gross rent is $1,582 per month, a figure that is $689 higher than the Tennessee unweighted county mean of $893. The official ACS B25071 median gross rent as a percentage of household income (GRAPI) is 31.8%. This is 4.9 percentage points above the state unweighted county mean of 26.9%. The median home value in the county was estimated at $417,400, while the Tennessee unweighted county mean is $223,385. Median selected monthly owner costs for all owner-occupied units are $1,516, which is $728 above the state unweighted county mean of $788. The median renter-household income is $56,133, and the median income for all households in the county is $77,853. See ACS table B25064 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Davidson County
Affordability Verdict
ACS B25071 estimates median gross rent at 31.8% of renter household income in Davidson County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,582 per month; median selected monthly owner costs are $1,516. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $63,280 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. Davidson County's $1,582 median is 77.2% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Davidson County
Rent Burden
24.4%
of gross income
Max Housing (28% Rule)
$1,817
per month
Owner Cost Burden
23.4%
of gross income
The median home in Davidson County may be a stretch
Median home value is $417,400. Estimated monthly cost: $3,332 vs. your max of $1,817.
Rent Affordability Guide
Income Needed Calculator
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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
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See Today's RatesData: 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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