Cost of Living in Greene County, Tennessee

$713/mo
Median Monthly Rent
$186,400
Median Home Value
17% below state averageUnaffordable

At a Glance

Median Monthly Rent
$713/mo
17% below state average
Median Home Value
$186,400
34% below national
Rent-to-Income Ratio
24.0%
% 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 Greene County Compares

Median monthly rent comparison

Greene County$713/mo
Tennessee Average$860/mo
National Median$1,163/mo

Detailed Housing Stats

$713/mo
Median Gross Rent
$186,400
Median Home Value
$654/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Greene County, Tennessee

Greene County Beats National Affordability

Greene County's 15.8% rent-to-income ratio outperforms the national average, giving renters meaningful financial relief compared to typical U.S. households. With a $54,071 median income and $713 monthly rent, Greene renters enjoy solid affordability relative to national norms.

Greene County Among Tennessee's Most Affordable

At 15.8%, Greene County significantly beats Tennessee's 17.6% state average, ranking among the state's more affordable housing markets. Renters here pay $147 less monthly than the state median, providing substantial savings for cost-conscious Tennesseans.

Low-Cost Option in East Tennessee

Greene County's $713 median rent is competitive with rural peers, matching Grainger County and undercutting Hamblen County ($838) substantially. This affordability makes Greene an attractive option for renters prioritizing low housing costs.

Greene County Cost Allocation

Greene County renters allocate 15.8% of their $54,071 median income to $713 housing, preserving strong purchasing power for other needs. Homeowners spend 14.5% of income on $654 monthly costs, among the lowest owner-affordability ratios in the state.

Greene County Offers East Tennessee Value

If you're relocating to East Tennessee and want genuine affordability, Greene County's $713 median rent and $186,400 median home values deliver strong value. Compare it against slightly cheaper Fentress or pricier urban counties to find your ideal cost-of-living match.

Affordability Calculator

See how your income compares to housing costs in Greene County

$

Rent Burden

15.8%

of gross income

Max Housing (28% Rule)

$1,262

per month

Owner Cost Burden

14.5%

of gross income

The median home in Greene County may be a stretch

Median home value is $186,400. Estimated monthly cost: $1,488 vs. your max of $1,262.

Rent Affordability Guide

Your rent-to-income ratio15.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Greene County, Tennessee?
Greene County, Tennessee has a median monthly rent of $713/mo and a median home value of $186,400. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Greene County?
The median gross rent in Greene County is $713/mo. This is 17% below state average for Tennessee.
Is Greene County affordable?
Greene County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Greene County's rent compare to the state average?
Greene County's median rent of $713/mo is 17% below state average of $860/mo for Tennessee.
What is the median home value in Greene County?
The median home value in Greene County, Tennessee is $186,400. This is 34% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.