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City Report · TN

Elizabethton

Pop. 14,374·62nd most expensive in Tennessee·One of the most affordable rental markets in the US
Median rent (all units)
$1,067/mo
Year-over-Year
Stable
Month-over-Month
Stable
vs US Median
-$898
Stable (Monthly)
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Most AffordableMost Expensive
Elizabethton · $1,067
More affordable than 96% of US cities · National median $1,965/mo
Affordability
27% of income
AFFORDABLE
0%30% benchmark60%+

At $1,067/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$43,000/yr
Local median income
$46,975/yr
Based on the 30%-of-income rule using Elizabethton's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$800
1 BR
$810
2 BR
$1,010
3 BR
$1,250
4 BR+
$1,410
Research median
$1,010/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$12,804/yr
At $1,067/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.0% MoM), not inventory.
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Demographics

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.

Population
14,374
Median income
$46,975
Median age
40.9
Renters
37.4%
Age distribution
18.9%
24.7%
23.9%
20.5%
Under 1818.9%
18–3424.7%
35–5423.9%
55–6411.9%
65+20.5%
Gender
46.9%
53.1%
Male46.9%
Female53.1%
Race & ethnicity
90.4%
White90.4%
Black4%
Hispanic2.4%
Other2.8%
Education (25+)
31.9%
30.3%
26.4%
No HS diploma11.4%
HS diploma31.9%
Some college30.3%
Bachelor's+26.4%
Housing tenure
62.6%
37.4%
Owner62.6%
Renter37.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Elizabethton, TN has changed in 5 years

Income
$39,927 → $46,975
up 17.7%
Population
14,112 → 14,374
up 1.9%
Renter share
41.5% → 37.4%
-4.1 pts
Bachelor's+
21.5% → 26.4%
+4.9 pts
Median age
39.6 → 40.9
+1.3 yrs

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.

Community

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View Elizabethton rent history (2015–2026) →
Salary vs rent

Can you afford rent in Elizabethton on your salary?

At $1,067/mo, how Elizabethton rent compares to typical pay (30% rule).

By apartment size

Elizabethton rent by bedroom count

Median rent for each apartment size in Elizabethton. Click any size for full breakdown.

Local insights

Tips for renters in Elizabethton

About renting in Elizabethton, TN

Last updated: July 20, 2026

The median rent in Elizabethton is $1,067/mo as of July 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 27% of local median household income ($46,975/yr), Elizabethton ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Elizabethton an affordable city for renters?

Elizabethton is considered affordable for renters. At $1,067/mo, rent takes approximately 27% of the local median household income ($46,975/yr). The standard benchmark is 30%. Elizabethton falls comfortably within that range.

How much income do you need to rent in Elizabethton?

To keep rent at or below 30% of gross income, you would need to earn at least $43,000/year (~$21/hour full-time) to afford the median rent of $1,067/mo in Elizabethton. The local median household income is $46,975/yr, meaning the typical Elizabethton household meets that threshold.

Is rent going up or down in Elizabethton?

Rent in Elizabethton has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Elizabethton rent compare to other cities in Tennessee?

Elizabethton is one of the more affordable cities in Tennessee for rent, ranking #62 out of 65 tracked cities at $1,067/mo.

What percentage of Elizabethton residents rent vs. own?

According to Census data, approximately 37.4% of Elizabethton households are renters, while 62.6% are owner-occupied. Elizabethton leans toward homeownership, which can mean a smaller rental inventory.

How does Elizabethton rent compare to the national average?

Elizabethton's median rent of $1,067/mo is $898 (46%) below the US national median of $1,965/mo. Within Tennessee, it ranks #62 out of 65 tracked cities.
Income Affordability
27%
AFFORDABLE

At $1,067/mo, rent takes ~27% of Elizabethton's median household income ($46,975/yr). The standard benchmark is 30%.

Elizabethton 27%Benchmark 30%
State income taxNone
Run the Elizabethton affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Elizabethton, TN

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