Cost of Living in Dyer County, Tennessee
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Dyer County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Dyer County, Tennessee
Dyer County delivers solid rental affordability
Dyer County's 16.6% rent-to-income ratio underperforms the national average, meaning renters here enjoy better affordability than typical Americans. With median rent at $760 and median household income of $54,973—below the national $74,755—Dyer sacrifices income for housing savings, creating a favorable trade-off for budget-conscious relocators.
Dyer ranks among Tennessee's most affordable
Dyer's 16.6% rent-to-income ratio beats Tennessee's 17.6% state average, securing it a position among the state's best rental values. The $760 median rent sits well below the state average of $860, making Dyer particularly attractive for renters prioritizing low monthly payments.
Dyer offers cheapest rents with modest income
Dyer's $760 rent is the lowest among its regional peers, undercutting Crockett ($854) and Cumberland ($829) while matching DeKalb ($773). Against these comparables, Dyer's $54,973 median income exceeds Decatur and DeKalb, delivering better affordability without extreme income sacrifice.
Dyer's housing costs balance well
Renters allocate $760 monthly while owners pay $747 for mortgages, both consuming under 17% of the $54,973 median household income. The median home value of $159,500 remains accessible for many households, particularly those with dual incomes or accumulated down payments.
Dyer delivers genuine rural affordability
Considering Dyer works well for renters and homebuyers seeking low housing costs without extreme income cuts versus urban alternatives. Stack Dyer's 16.6% rent-to-income ratio against pricier Dickson (15.9%, but higher income) or income-poor Decatur (18.6%) to confirm Dyer fits your financial priorities.
Affordability Calculator
See how your income compares to housing costs in Dyer County
Rent Burden
16.6%
of gross income
Max Housing (28% Rule)
$1,283
per month
Owner Cost Burden
16.3%
of gross income
You can likely afford the median home in Dyer County
Median home value is $159,500. Estimated monthly cost: $1,273 vs. your max of $1,283.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.