CostBy County

Cost of Living in McMinn County, Tennessee

$803/mo
Median Monthly Rent
$211,800
Median Home Value

At a Glance

Median Monthly Rent
$803/mo
10% below state average
Median Home Value
$211,800
36% below national
Census GRAPI
26.9%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How McMinn County Compares

Median monthly rent comparison

McMinn County$803/mo
Tennessee Average$893/mo
National Median$1,413/mo

Detailed Housing Stats

$803/mo
Median Gross Rent
$211,800
Median Home Value
$734/mo
Monthly Owner Cost
26.9%
Census GRAPI

National Ranking

Affordability Rank

McMinn County ranks #994 of 3,142 counties for affordability (top 32%)

Most AffordableLeast Affordable

Sourced county brief

McMinn County Median GRAPI Matches Tennessee Unweighted County Mean

The official ACS B25071 Gross Rent as a Percentage of Household Income (GRAPI) in McMinn County is 26.9%, which is identical to the Tennessee unweighted county mean of 26.9%. The median gross rent for the county was estimated at $803 per month, which is below the state unweighted mean of $893. For homeowners, the median home value is $211,800, and median selected monthly owner costs for all owner-occupied units are $734. The renter-household median income in McMinn County is $36,821. This summary provides a snapshot of housing costs using the 2020-2024 five-year estimates. All comparisons are based on supplied unweighted state averages rather than weighted state medians. U.S. Census Bureau ACS 2020-2024 5-Year Estimates citations: B25064, B25071, B25077, B25088, and B25119. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: McMinn County

Affordability Verdict

ACS B25071 estimates median gross rent at 26.9% of renter household income in McMinn County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $803 per month; median selected monthly owner costs are $734. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $32,120 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Tennessee unweighted mean of county median rents is $893 per month. McMinn County's $803 median is 10.0% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in McMinn County

$

Rent Burden

15.7%

of gross income

Max Housing (28% Rule)

$1,434

per month

Owner Cost Burden

14.3%

of gross income

The median home in McMinn County may be a stretch

Median home value is $211,800. Estimated monthly cost: $1,691 vs. your max of $1,434.

Rent Affordability Guide

Your entered rent as a share of entered income15.7%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,470Needed: $32,120
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,470Needed: $31,457
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,470Needed: $49,292

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in McMinn County, Tennessee?
McMinn County, Tennessee has a median monthly rent of $803/mo and a median home value of $211,800. The affordability rating is Affordable, with median gross rent equal to approximately 26.9% of renter household income.
What is the median rent in McMinn County?
The median gross rent in McMinn County is $803/mo. This is 10% below state average for Tennessee.
Is McMinn County affordable?
McMinn County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 26.9%. Median gross rent is under 30% of renter household income.
How does McMinn County's rent compare to the state average?
McMinn County's median rent of $803/mo is 10% below state average of $893/mo for Tennessee.
What is the median home value in McMinn County?
The median home value in McMinn County, Tennessee is $211,800. This is 36% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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