Cost of Living in Grainger County, Tennessee

$726/mo

Median Monthly Rent

$172,000

Median Home Value

16% below state averageUnaffordable

At a Glance

Median Monthly Rent

$726/mo

16% below state average

Median Home Value

$172,000

39% below national

Rent-to-Income Ratio

29.0%

% 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 Grainger County Compares

Median monthly rent comparison

Grainger County$726/mo

Tennessee Average$860/mo

National Median$1,163/mo

Detailed Housing Stats

$726/mo

Median Gross Rent

$172,000

Median Home Value

$518/mo

Monthly Owner Cost

29.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Grainger County, Tennessee

Grainger County Slightly Above National Burden

Grainger County's 17.0% rent-to-income ratio is slightly higher than the national average, indicating renters here face marginally tighter housing budgets. With a median household income of $51,351 and $726 monthly rent, the county sits just above national affordability benchmarks.

Grainger Matches Tennessee Affordability

At 17.0%, Grainger County's rent-to-income ratio is nearly identical to Tennessee's 17.6% state average, reflecting typical affordability challenges across the state. Renters pay $134 less monthly than the state median, providing modest cost savings relative to other Tennessee counties.

Mid-Range Rent Among Eastern Counties

Grainger County's $726 median rent positions it between low-cost Fentress County ($614) and higher-cost Hamblen County ($838), offering a rural-county middle ground. This pricing reflects its character as a moderately developed East Tennessee county.

Grainger County Housing Breakdown

Grainger County renters spend 17.0% of their $51,351 median income on $726 housing, a manageable but notable expense. Homeowners invest just 12.1% of income in $518 monthly costs, showing a significant advantage for those who can purchase.

Grainger County for East Tennessee Value

If you're considering East Tennessee relocation with a modest budget, Grainger County's $726 rent and $172,000 median home values offer reasonable middle-ground pricing. Compare it against cheaper Fentress County or pricier Hamblen to gauge your affordability priorities.

Affordability Calculator

See how your income compares to housing costs in Grainger County

Your Annual Household Income

Rent Burden

17.0%

of gross income

Max Housing (28% Rule)

$1,198

per month

Owner Cost Burden

12.1%

of gross income

The median home in Grainger County may be a stretch

Median home value is $172,000. Estimated monthly cost: $1,373 vs. your max of $1,198.

Rent Affordability Guide

Your rent-to-income ratio17.0%

Recommended max30.0%

Frequently Asked Questions

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

Grainger County, Tennessee has a median monthly rent of $726/mo and a median home value of $172,000. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.

What is the median rent in Grainger County?

The median gross rent in Grainger County is $726/mo. This is 16% below state average for Tennessee.

Is Grainger County affordable?

Grainger County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.

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

Grainger County's median rent of $726/mo is 16% below state average of $860/mo for Tennessee.

What is the median home value in Grainger County?

The median home value in Grainger County, Tennessee is $172,000. This is 39% below the national median home value of $281,900.