Cost of Living in Overton County, Tennessee

$833/mo

Median Monthly Rent

$171,700

Median Home Value

3% below state averageUnaffordable

At a Glance

Median Monthly Rent

$833/mo

3% below state average

Median Home Value

$171,700

39% below national

Rent-to-Income Ratio

27.0%

% 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 Overton County Compares

Median monthly rent comparison

Overton County$833/mo

Tennessee Average$860/mo

National Median$1,163/mo

Detailed Housing Stats

$833/mo

Median Gross Rent

$171,700

Median Home Value

$505/mo

Monthly Owner Cost

27.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Overton County, Tennessee

Overton County faces serious rental affordability strain

Overton County's 21.7% rent-to-income ratio represents a significant affordability crisis—well above Tennessee's 17.6% state average and nearly 4 percentage points higher than the national baseline. With a median household income of just $46,159, renters paying $833 monthly face genuine housing burden in this East Tennessee county.

One of Tennessee's least affordable rental markets

Overton County ranks among Tennessee's counties with the highest rent-to-income ratios, reflecting the mismatch between local incomes and housing costs. The county's 21.7% figure signals that renters here dedicate more than one-fifth of their earnings to housing—a red flag for financial sustainability.

Rents high relative to income across region

Overton County's $833 median rent tracks above Morgan County ($742) and nearly matches Putnam County ($881), while the county's low median income of $46,159 makes housing more burdensome than any nearby peer. The rental market here presents one of the region's toughest affordability scenarios.

Rent consumes 21.7% of median income

Overton County renters dedicate a concerning 21.7% of their $46,159 median household income to gross rent at $833 monthly. Homeowners face more reasonable ownership costs of $505 monthly on higher median home values of $171,700, suggesting the rental market drives the county's affordability crisis.

Renters should explore homeownership alternatives here

Families relocating to Overton County face a rental market that demands a larger share of income than surrounding counties, but homeownership costs are comparatively modest. Consider this county primarily if you're ready to build equity rather than rent.

Affordability Calculator

See how your income compares to housing costs in Overton County

Your Annual Household Income

Rent Burden

21.7%

of gross income

Max Housing (28% Rule)

$1,077

per month

Owner Cost Burden

13.1%

of gross income

The median home in Overton County may be a stretch

Median home value is $171,700. Estimated monthly cost: $1,371 vs. your max of $1,077.

Rent Affordability Guide

Your rent-to-income ratio21.7%

Recommended max30.0%

Frequently Asked Questions

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

Overton County, Tennessee has a median monthly rent of $833/mo and a median home value of $171,700. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.

What is the median rent in Overton County?

The median gross rent in Overton County is $833/mo. This is 3% below state average for Tennessee.

Is Overton County affordable?

Overton County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.

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

Overton County's median rent of $833/mo is 3% below state average of $860/mo for Tennessee.

What is the median home value in Overton County?

The median home value in Overton County, Tennessee is $171,700. This is 39% below the national median home value of $281,900.