Cost of Living in Davidson County, Tennessee

$1,485/mo

Median Monthly Rent

$386,600

Median Home Value

73% above state averageUnaffordable

At a Glance

Median Monthly Rent

$1,485/mo

73% above state average

Median Home Value

$386,600

37% above national

Rent-to-Income Ratio

30.0%

% of income spent on rent

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

Affordability Rating

Unaffordable

Rent over 50% of income

How Davidson County Compares

Median monthly rent comparison

Davidson County$1,485/mo

Tennessee Average$860/mo

National Median$1,163/mo

Detailed Housing Stats

$1,485/mo

Median Gross Rent

$386,600

Median Home Value

$1,458/mo

Monthly Owner Cost

30.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Davidson County, Tennessee

Davidson's housing costs grip harder than most

At 23.6%, Davidson County's rent-to-income ratio significantly exceeds the national average, signaling that Nashville-area renters dedicate nearly a quarter of earnings to housing—well above the typical American burden. With median rent at $1,485 against a $75,664 median household income (nearly matching the national $74,755), Davidson demonstrates how urban markets compress affordability.

Davidson ranks Tennessee's least affordable county

Davidson's 23.6% rent-to-income ratio towers above Tennessee's 17.6% state average, making it the state's most housing-stressed county by this measure. The $1,485 median rent nearly doubles the state average of $860, reflecting Nashville's emergence as a high-cost regional hub.

Davidson vastly outprices surrounding counties

Davidson's $1,485 rent nearly doubles Dickson County's $972 and tripled Dyer County's $760, illustrating the Nashville metropolitan premium. Even compared to prosperous Fayette County ($883 rent), Davidson's housing costs are dramatically steeper, revealing concentrated urban pressures.

Where Davidson incomes stretch thin

Renters spend $1,485 monthly while homeowners face $1,458 mortgages—both consuming over 23% of the $75,664 median household income. The median home value of $386,600 places homeownership further from reach, particularly for renters already straining under high monthly payments.

Nashville boom has real affordability costs

Davidson County's growth and opportunity come with a 23.6% rent-to-income ratio that demands higher earnings than most Tennessee relocations require. Compare these numbers carefully against more affordable alternatives like Cumberland (17.0%) or Fayette (12.5%) before committing to Nashville-area housing.

Affordability Calculator

See how your income compares to housing costs in Davidson County

Your Annual Household Income

Rent Burden

23.6%

of gross income

Max Housing (28% Rule)

$1,765

per month

Owner Cost Burden

23.1%

of gross income

The median home in Davidson County may be a stretch

Median home value is $386,600. Estimated monthly cost: $3,086 vs. your max of $1,765.

Rent Affordability Guide

Your rent-to-income ratio23.6%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Davidson County, Tennessee?

Davidson County, Tennessee has a median monthly rent of $1,485/mo and a median home value of $386,600. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.

What is the median rent in Davidson County?

The median gross rent in Davidson County is $1,485/mo. This is 73% above state average for Tennessee.

Is Davidson County affordable?

Davidson County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Davidson County's rent compare to the state average?

Davidson County's median rent of $1,485/mo is 73% above state average of $860/mo for Tennessee.

What is the median home value in Davidson County?

The median home value in Davidson County, Tennessee is $386,600. This is 37% above the national median home value of $281,900.