housing costs · Tennessee
Housing costs in Monroe County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $714 | ± $89 | evidence → |
| 2019–2023 | $699 | ± $93 | evidence → |
| 2018–2022 | $668 | ± $59 | evidence → |
| 2017–2021 | $626 | ± $52 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $227,500 | ± $11,877 | evidence → |
| 2019–2023 | $199,700 | ± $9,848 | evidence → |
| 2018–2022 | $174,800 | ± $8,043 | evidence → |
| 2017–2021 | $153,700 | ± $6,978 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 30.9 % | ± 4.2 % | evidence → |
| 2019–2023 | 28.9 % | ± 4.1 % | evidence → |
| 2018–2022 | 26.8 % | ± 3.4 % | evidence → |
| 2017–2021 | 25.7 % | ± 3.0 % | evidence → |
In context
Median rent in Monroe County is $714, below the Tennessee median of $839 across 95 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.