Cost of Living in Rhea County, Tennessee

$796/mo
Median Monthly Rent
$178,500
Median Home Value
7% below state averageUnaffordable

At a Glance

Median Monthly Rent
$796/mo
7% below state average
Median Home Value
$178,500
37% below national
Rent-to-Income Ratio
25.0%
% 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 Rhea County Compares

Median monthly rent comparison

Rhea County$796/mo
Tennessee Average$860/mo
National Median$1,163/mo

Detailed Housing Stats

$796/mo
Median Gross Rent
$178,500
Median Home Value
$652/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Rhea County, Tennessee

Rhea County hovers near Tennessee's affordability baseline

Rhea County's 16.4% rent-to-income ratio sits below Tennessee's state average of 17.6%, indicating relatively favorable rental affordability despite a median household income of $58,133. At $796 monthly rent, Rhea renters dedicate a modest share of earnings to housing compared to state and national benchmarks.

Better-than-average affordability within Tennessee

Rhea County ranks in the upper tier of Tennessee counties for rental affordability, with a rent-to-income ratio meaningfully below the state average. The county's above-median household income combined with moderate rents creates accessible housing conditions for renters.

Mid-range rental costs with solid incomes

Rhea County's $796 median rent sits between Morgan County ($742) and Putnam County ($881), while its median household income of $58,133 ranks among the region's stronger earners. The county offers balanced affordability relative to surrounding East-Central Tennessee peers.

Rent takes 16.4% of median income

Rhea County renters spend $796 monthly—16.4% of their median household income of $58,133—positioning housing costs comfortably below state averages. Homeowners invest $652 monthly on ownership costs for homes valued at $178,500, reflecting a healthy balance between housing costs and income.

Rhea County balances value and community

Families considering relocation should evaluate Rhea County as a solid middle-ground option, offering above-average local incomes and below-average rent burdens compared to Tennessee peers. The county delivers genuine affordability advantages without sacrificing the housing quality found in pricier markets.

Affordability Calculator

See how your income compares to housing costs in Rhea County

$

Rent Burden

16.4%

of gross income

Max Housing (28% Rule)

$1,356

per month

Owner Cost Burden

13.5%

of gross income

The median home in Rhea County may be a stretch

Median home value is $178,500. Estimated monthly cost: $1,425 vs. your max of $1,356.

Rent Affordability Guide

Your rent-to-income ratio16.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Rhea County, Tennessee?
Rhea County, Tennessee has a median monthly rent of $796/mo and a median home value of $178,500. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Rhea County?
The median gross rent in Rhea County is $796/mo. This is 7% below state average for Tennessee.
Is Rhea County affordable?
Rhea County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Rhea County's rent compare to the state average?
Rhea County's median rent of $796/mo is 7% below state average of $860/mo for Tennessee.
What is the median home value in Rhea County?
The median home value in Rhea County, Tennessee is $178,500. This is 37% 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.