Cost of Living in Scott County, Tennessee

$691/mo
Median Monthly Rent
$116,800
Median Home Value

At a Glance

Median Monthly Rent
$691/mo
20% below state average
Median Home Value
$116,800
59% below national
Rent-to-Income Ratio
26.0%
% 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 Scott County Compares

Median monthly rent comparison

Scott County$691/mo
Tennessee Average$860/mo
National Median$1,163/mo

Detailed Housing Stats

$691/mo
Median Gross Rent
$116,800
Median Home Value
$499/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Scott County ranks #791 of 3,144 counties for affordability (top 25%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Scott County, Tennessee

Scott County offers cheap housing, tight budgets

Scott County's 19.4% rent-to-income ratio exceeds national norms despite its bargain-basement rent of $691 monthly, revealing a fundamental challenge: the county's median household income of just $42,679 ranks far below the national average of $74,755. Lower rents can't offset significantly lower wages.

Scott ranks low on both income and affordability

Scott County's 19.4% rent-to-income ratio slightly exceeds Tennessee's 17.6% state average, and its median household income of $42,679 falls roughly $20,000 below the state's economic center. The county represents Tennessee's economic margin, where affordable housing meets limited earning potential.

Scott's cheapest housing reflects its challenges

Scott County's $691 rent is Tennessee's lowest among these eight counties, undercutting Roane County's $767 by $76 monthly, yet the county's median income of $42,679 trails all peers by thousands. Cheap housing masks deeper economic constraints limiting household purchasing power.

Low income makes even cheap rent a strain

Scott residents spend 19.4% of their $42,679 median income on rent despite the county's $691 monthly average, while ownership costs of $499 remain modest in dollar terms but substantial as a percentage of earnings. The $116,800 median home value offers accessibility, but limited income constrains household wealth accumulation.

Scott suits those prioritizing lowest dollar costs

Scott County's appeal lies in absolute affordability—rent under $700 and homes near $117,000—making it attractive for retirees on fixed incomes or remote workers whose earnings don't depend on local opportunity. If your income flows from outside the county, Scott's low costs stretch your budget further than anywhere else in this region.

Cost of Living Advisory: Scott County

Affordability Verdict

For renters in Scott County, the market is affordable. Expect to pay around $691/month in gross rent, with 26.0% of renter households considered cost-burdened.

Rent vs. Own

At $691/month rent versus $499/month in owner costs, owning is roughly $192/month cheaper — a 28% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $27,640/year. For owner costs at the 28% rule, the required income is roughly $21,386/year. With a median household income of $42,679, most households can comfortably afford rent here. Notably, 26.0% of renter households in Scott County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Scott County sits 7% less expensive than Morgan County ($742/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Scott County

$

Rent Burden

19.4%

of gross income

Max Housing (28% Rule)

$996

per month

Owner Cost Burden

14.0%

of gross income

You can likely afford the median home in Scott County

Median home value is $116,800. Estimated monthly cost: $932 vs. your max of $996.

Rent Affordability Guide

Your rent-to-income ratio19.4%
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: $42,679Needed: $27,640
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $42,679Needed: $21,386
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $42,679Needed: $27,183

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 Scott County, Tennessee?
Scott County, Tennessee has a median monthly rent of $691/mo and a median home value of $116,800. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Scott County?
The median gross rent in Scott County is $691/mo. This is 20% below state average for Tennessee.
Is Scott County affordable?
Scott County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Scott County's rent compare to the state average?
Scott County's median rent of $691/mo is 20% below state average of $860/mo for Tennessee.
What is the median home value in Scott County?
The median home value in Scott County, Tennessee is $116,800. This is 59% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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

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