Cost of Living in Roane County, Tennessee

$767/mo
Median Monthly Rent
$212,300
Median Home Value
11% below state averageUnaffordable

At a Glance

Median Monthly Rent
$767/mo
11% below state average
Median Home Value
$212,300
25% below 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 Roane County Compares

Median monthly rent comparison

Roane County$767/mo
Tennessee Average$860/mo
National Median$1,163/mo

Detailed Housing Stats

$767/mo
Median Gross Rent
$212,300
Median Home Value
$842/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Roane County, Tennessee

Roane's rent stays well below national strain

At 13.9%, Roane County's rent-to-income ratio sits comfortably below the national comfort threshold of 15%, meaning renters here spend a smaller share of earnings on housing than most Americans. The county's median household income of $66,218 falls just slightly below the national median of $74,755, yet residents pay substantially less for housing.

Roane ranks among Tennessee's most affordable

Roane County's 13.9% rent-to-income ratio beats Tennessee's state average of 17.6% by nearly 4 percentage points, placing it in the state's more affordable tier. With a median rent of $767, the county undercuts the state average of $860 by nearly $100 per month.

Roane offers genuine relief to renters

Compared to neighboring Sevier County's $1,013 monthly rent, Roane's $767 represents a meaningful $246 monthly savings for renters. Scott County to the west is the only close peer, though Scott's lower income levels ($42,679) make its cheaper rents less of a true advantage.

Housing takes modest bite from budgets

Roane residents spend roughly $767 on rent or $842 on mortgages against a median income of $66,218 annually—leaving substantial room in household budgets for other expenses. Combined renter and owner costs average about 16% of gross income, well within affordability guidelines.

Roane County welcomes budget-conscious renters

If you're relocating from higher-cost regions, Roane County offers rare affordability without requiring the trade-offs of income or access found in cheaper Appalachian counties. Test the market: compare your current housing costs against Roane's $767 rent and $212,300 median home value to see your potential savings.

Affordability Calculator

See how your income compares to housing costs in Roane County

$

Rent Burden

13.9%

of gross income

Max Housing (28% Rule)

$1,545

per month

Owner Cost Burden

15.3%

of gross income

The median home in Roane County may be a stretch

Median home value is $212,300. Estimated monthly cost: $1,695 vs. your max of $1,545.

Rent Affordability Guide

Your rent-to-income ratio13.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Roane County, Tennessee?
Roane County, Tennessee has a median monthly rent of $767/mo and a median home value of $212,300. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Roane County?
The median gross rent in Roane County is $767/mo. This is 11% below state average for Tennessee.
Is Roane County affordable?
Roane 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 Roane County's rent compare to the state average?
Roane County's median rent of $767/mo is 11% below state average of $860/mo for Tennessee.
What is the median home value in Roane County?
The median home value in Roane County, Tennessee is $212,300. This is 25% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Roane 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 Roane 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.