Cost of Living in Hamilton County, Tennessee

$1,163/mo
Median Monthly Rent
$282,100
Median Home Value
35% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,163/mo
35% above state average
Median Home Value
$282,100
0% above national
Rent-to-Income Ratio
28.0%
% 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 Hamilton County Compares

Median monthly rent comparison

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

Detailed Housing Stats

$1,163/mo
Median Gross Rent
$282,100
Median Home Value
$1,082/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Hamilton County, Tennessee

Hamilton rents bite harder than nation

Renters in Hamilton County spend 19.2% of income on rent, outpacing the national average of roughly 18%. With median household income at $72,568—slightly below the national median of $74,755—housing costs hit harder here than they do nationwide.

Above average for Tennessee

Hamilton County's 19.2% rent-to-income ratio ranks above Tennessee's state average of 17.6%, making housing less affordable than most of the state. At $1,163 monthly rent, the county's median is 35% higher than the state average of $860.

Chattanooga area houses cost more

Hamilton County's median rent of $1,163 far exceeds neighboring Hawkins County ($744) and Hardin County ($770). The $282,100 median home value here also reflects the county's role as Tennessee's fourth-largest metro area—a premium residents pay for urban amenities.

Rent versus owning: the math

Renters spend $1,163 monthly while homeowners pay $1,082—just $81 apart, making ownership surprisingly competitive in Hamilton County. Yet both bite into a $6,047 monthly median income, leaving tight budgets for other necessities.

Trading affordability for opportunity

If housing costs are your concern, Hamilton County offers urban job markets and services that rural neighbors can't match—but you'll pay for it. Compare this county's 19.2% rent burden against rural alternatives like Hawkins (16.1%) or Henderson (18.2%) to decide whether Chattanooga's opportunities justify the higher expense.

Affordability Calculator

See how your income compares to housing costs in Hamilton County

$

Rent Burden

19.2%

of gross income

Max Housing (28% Rule)

$1,693

per month

Owner Cost Burden

17.9%

of gross income

The median home in Hamilton County may be a stretch

Median home value is $282,100. Estimated monthly cost: $2,252 vs. your max of $1,693.

Rent Affordability Guide

Your rent-to-income ratio19.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Hamilton County, Tennessee?
Hamilton County, Tennessee has a median monthly rent of $1,163/mo and a median home value of $282,100. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Hamilton County?
The median gross rent in Hamilton County is $1,163/mo. This is 35% above state average for Tennessee.
Is Hamilton County affordable?
Hamilton County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Hamilton County's rent compare to the state average?
Hamilton County's median rent of $1,163/mo is 35% above state average of $860/mo for Tennessee.
What is the median home value in Hamilton County?
The median home value in Hamilton County, Tennessee is $282,100. This is 0% above 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.