At $1,254/mo, rent takes about 32% of the local median household income, slightly above the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,254 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
30% of the median household income ($46,975) is $1,174 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,010); a 3-bedroom is $1,250.
From Zillow's monthly rent index (ZORI) for Elizabethton. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Elizabethton, TN is majority owner-occupied, has a large retiree population, has a median income below the national average, 26.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Elizabethton, TN has changed in 5 years
Household income in the area moved from $39,927 to $46,975 across the same window, up 17.7% versus 2021. The population has grown by 1.9% since 2021, moving from about 14,112 residents to roughly 14,374. Renters now make up 37.4% of households, compared with 41.5% five years ago. College-educated residents now make up 26.4% of adults here, versus 21.5% in 2021.
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At $1,254/mo, how Elizabethton rent compares to typical pay (30% rule).
Elizabethton rent by bedroom count
Median rent for each apartment size in Elizabethton. Click any size for full breakdown.
Tips for renters in Elizabethton
Last updated: October 17, 2026
The median rent in Elizabethton is $1,254/mo as of October 2026. A studio apartment averages $800/mo while a 2-bedroom runs $1,010/mo. One-bedroom apartments average $810/mo and 3-bedroom units go for $1,250/mo.
At 32% of local median household income ($46,975/yr), Elizabethton ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
How much income do you need to rent in Elizabethton?
Is rent going up or down in Elizabethton?
How does Elizabethton rent compare to other cities in Tennessee?
At $1,254/mo, rent takes ~32% of Elizabethton's median household income ($46,975/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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