How much rent can you afford in La Vergne, TN?
Run your salary against La Vergne's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in La Vergne
At a median rent of $2,067/mo, La Vergne is moderately stretched when measured against La Vergne median household income of $81,313/yr. Rent would consume roughly 31% of pre-tax income, and a salary of about $82,680 keeps rent at the recommended 30% threshold.
How La Vergne compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in La Vergne?
On a $81,313 salary (the La Vergne median household income), the recommended ceiling is 30% of pre-tax income, or about $2,033/mo. La Vergne's median rent is $2,067/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in La Vergne?
To keep La Vergne's $2,067/mo median rent under 30% of income, you'd need about $82,680/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is La Vergne affordable on the median Tennessee income?
La Vergne is moderately stretched on a $81,313 income. Rent would take 31% of pre-tax pay, outside the recommended 30% threshold.
What's the 30% rent rule?
The 30% rule is a long-standing budgeting guideline that keeps rent at or below 30% of gross (pre-tax) income. It leaves enough room for utilities, transit, savings, and debt service. In high-cost markets, many renters exceed 30%, and the Census Bureau classifies households paying more than 30% of income on rent as "cost-burdened".