housing costs · Tennessee
Housing costs in Montgomery 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 | $1,308 | ± $32 | evidence → |
| 2019–2023 | $1,219 | ± $27 | evidence → |
| 2018–2022 | $1,128 | ± $28 | evidence → |
| 2017–2021 | $1,020 | ± $28 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $280,200 | ± $5,706 | evidence → |
| 2019–2023 | $248,300 | ± $5,618 | evidence → |
| 2018–2022 | $226,400 | ± $3,866 | evidence → |
| 2017–2021 | $187,700 | ± $3,756 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 28.5 % | ± 1.0 % | evidence → |
| 2019–2023 | 28.2 % | ± 1.2 % | evidence → |
| 2018–2022 | 28.2 % | ± 1.3 % | evidence → |
| 2017–2021 | 27.5 % | ± 1.1 % | evidence → |
In context
Median rent in Montgomery County is $1,308, above 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.