City Report · TN

Greeneville

Pop. 15,646·59th most expensive in Tennessee·Greeneville rents are up 24.5% over the past year
Median rent (all units)
$1,112/mo
Year-over-Year
+24.5%
Month-over-Month
-0.2%
vs US Median
-$850
Stable (Monthly)
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Most AffordableMost Expensive
Greeneville · $1,112
More affordable than 95% of US cities · National median $1,962/mo
Affordability
27% of income
AFFORDABLE
0%30% benchmark60%+

At $1,112/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$44,000/yr
Local median income
$49,889/yr
Based on the 30%-of-income rule using Greeneville's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$414
1 BR
$424
2 BR
$763
3 BR
$712
4 BR+
$1,319
Fair Market Rent (HUD)
$763/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,112 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 →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$13,344/yr
At $1,112/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 24.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+24.5% YoY, -0.2% MoM), not inventory.
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Demographics

Who lives here

Greeneville, TN is majority owner-occupied, has a large retiree population, has a median income below the national average, 26.8% of residents hold a bachelor's degree or higher.

Population
15,646
Median income
$49,889
Median age
42.2
Renters
37%
Age distribution
20.5%
21.2%
23.9%
14.4%
20.2%
Under 1820.5%
18–3421.2%
35–5423.9%
55–6414.4%
65+20.2%
Gender
48%
52%
Male48%
Female52%
Race & ethnicity
86.2%
White86.2%
Black2.7%
Hispanic5.6%
Other5%
Education (25+)
36.2%
27.1%
26.8%
No HS diploma10%
HS diploma36.2%
Some college27.1%
Bachelor's+26.8%
Housing tenure
63%
37%
Owner63%
Renter37%

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

2021 vs 2026

How Greeneville, TN has changed in 5 years

Income
$45,933 → $49,889
up 8.6%
Population
15,361 → 15,646
up 1.9%
Renter share
39.3% → 37%
-2.3 pts
Bachelor's+
22.3% → 26.8%
+4.5 pts

Household income in the area moved from $45,933 to $49,889 across the same window, up 8.6% versus 2021. Census counts show Greeneville, TN adding about 285 residents over the five-year window, up 1.9% on net. The renter share has eased from 39.3% to 37%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 22.3% to 26.8% across the same window.

Community

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

Can you afford rent in Greeneville on your salary?

At $1,112/mo, how Greeneville rent compares to typical pay (30% rule).

By apartment size

Greeneville rent by bedroom count

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

Local insights

Tips for renters in Greeneville

About renting in Greeneville, TN

Last updated: August 17, 2026

The median rent in Greeneville is $1,112/mo as of August 2026. A studio apartment averages $414/mo while a 2-bedroom runs $763/mo. One-bedroom apartments average $424/mo and 3-bedroom units go for $712/mo.

At 27% of local median household income ($49,889/yr), Greeneville ranks as affordable compared to the national benchmark of 30%. Rents have increased 24.5% over the past year.

FAQ

Frequently asked questions

Is Greeneville an affordable city for renters?

Greeneville is considered affordable for renters. At $1,112/mo, rent takes approximately 27% of the local median household income ($49,889/yr). The standard benchmark is 30%. Greeneville falls comfortably within that range.

How much income do you need to rent in Greeneville?

To keep rent at or below 30% of gross income, you would need to earn at least $44,000/year (~$21/hour full-time) to afford the median rent of $1,112/mo in Greeneville. The local median household income is $49,889/yr, meaning the typical Greeneville household meets that threshold.

Is rent going up or down in Greeneville?

Rent in Greeneville has increased 24.5% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Greeneville rent compare to other cities in Tennessee?

Greeneville is one of the more affordable cities in Tennessee for rent, ranking #59 out of 62 tracked cities at $1,112/mo.

What percentage of Greeneville residents rent vs. own?

According to Census data, approximately 37% of Greeneville households are renters, while 63% are owner-occupied. Greeneville leans toward homeownership, which can mean a smaller rental inventory.

How does Greeneville rent compare to the national average?

Greeneville's median rent of $1,112/mo is $850 (43%) below the US national median of $1,962/mo. Within Tennessee, it ranks #59 out of 62 tracked cities.
Income Affordability
27%
AFFORDABLE

At $1,112/mo, rent takes ~27% of Greeneville's median household income ($49,889/yr). The standard benchmark is 30%.

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

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Public schools near Greeneville, TN

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