Cost of Living in Loudon County, Tennessee

$995/mo
Median Monthly Rent
$292,600
Median Home Value
16% above state averageUnaffordable

At a Glance

Median Monthly Rent
$995/mo
16% above state average
Median Home Value
$292,600
4% above 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 Loudon County Compares

Median monthly rent comparison

Loudon County$995/mo
Tennessee Average$860/mo
National Median$1,163/mo

Detailed Housing Stats

$995/mo
Median Gross Rent
$292,600
Median Home Value
$904/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Loudon County, Tennessee

Loudon's prosperity yields persistent affordability

Despite the highest median income in this eight-county sample at $80,296—above the national average of $74,755—Loudon maintains an outstanding rent-to-income ratio of 14.9%. Residents spending $995 monthly on rent have significantly more remaining income than national norms, reflecting the county's regional economic strength.

Most affluent, most affordable in Tennessee sample

Loudon's 14.9% rent-to-income ratio ties Lincoln County for the state's best affordability in this comparison, powered by the highest median household income at $80,296. This dual advantage—prosperity plus reasonable housing costs—positions Loudon as Tennessee's premier affordable county.

Premium pricing reflects greater prosperity

Loudon's $995 monthly rent and $904 owner cost run $259 and $138 higher respectively than the Lauderdale-Lawrence-Lewis cluster, yet the 14.9% affordability ratio proves these aren't burdensome. The median home value of $292,600 dramatically exceeds all peers, signaling strong property investment and community stability.

Higher costs, higher income, balanced burden

Renters pay $995 monthly and homeowners $904, but the $80,296 median income means housing consumes just 14.9% and 13.5% of earnings respectively. This leaves Loudon residents the most discretionary income of any county in the sample.

Premium living at affordable-county price tags

Loudon County offers prosperity-level incomes with affordability-level housing burdens—an uncommon advantage for relocators seeking economic security. If you're willing to pay more for housing in a wealthier community with strong schools and job markets, Loudon delivers exceptional value.

Affordability Calculator

See how your income compares to housing costs in Loudon County

$

Rent Burden

14.9%

of gross income

Max Housing (28% Rule)

$1,874

per month

Owner Cost Burden

13.5%

of gross income

The median home in Loudon County may be a stretch

Median home value is $292,600. Estimated monthly cost: $2,336 vs. your max of $1,874.

Rent Affordability Guide

Your rent-to-income ratio14.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Loudon County, Tennessee?
Loudon County, Tennessee has a median monthly rent of $995/mo and a median home value of $292,600. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Loudon County?
The median gross rent in Loudon County is $995/mo. This is 16% above state average for Tennessee.
Is Loudon County affordable?
Loudon 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 Loudon County's rent compare to the state average?
Loudon County's median rent of $995/mo is 16% above state average of $860/mo for Tennessee.
What is the median home value in Loudon County?
The median home value in Loudon County, Tennessee is $292,600. This is 4% above the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Loudon County, Tennessee? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Loudon County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.