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City Report · TN

Soddy Daisy

Pop. 13,231·51st most expensive in Tennessee·One of the most affordable rental markets in the US
Median rent (all units)
$1,408/mo
Year-over-Year
Stable
Month-over-Month
-2.5%
vs US Median
-$554
Falling (Monthly)
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Most AffordableMost Expensive
Soddy Daisy · $1,408
More affordable than 81% of US cities · National median $1,962/mo
Affordability
22% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,408/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$56,000/yr
Local median income
$75,113/yr
Based on the 30%-of-income rule using Soddy Daisy's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,120
1 BR
$1,170
2 BR
$1,300
3 BR
$1,630
4 BR+
$1,770
Fair Market Rent (HUD)
$1,300/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,408 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
$16,896/yr
At $1,408/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -2.5% MoM), not inventory.
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Demographics

Who lives here

Soddy Daisy, TN is majority owner-occupied, has a large retiree population, 23.9% of residents hold a bachelor's degree or higher.

Population
13,231
Median income
$75,113
Median age
45.6
Renters
24.3%
Age distribution
19%
17.6%
25.7%
16.9%
20.8%
Under 1819%
18–3417.6%
35–5425.7%
55–6416.9%
65+20.8%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
93.2%
White93.2%
Black0.9%
Hispanic1.7%
Other4.2%
Education (25+)
33.5%
31.7%
23.9%
No HS diploma10.9%
HS diploma33.5%
Some college31.7%
Bachelor's+23.9%
Housing tenure
75.7%
24.3%
Owner75.7%
Renter24.3%

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

2021 vs 2026

How Soddy Daisy, TN has changed in 5 years

Income
$54,191 → $75,113
up 38.6%
Population
13,090 → 13,231
up 1.1%
Renter share
25.6% → 24.3%
-1.3 pts
Bachelor's+
22.2% → 23.9%
+1.7 pts
Median age
46.4 → 45.6
-0.8 yrs

Census figures show median household income at $75,113 today, compared with $54,191 five years earlier. The population has grown by 1.1% since 2021, moving from about 13,090 residents to roughly 13,231.

Community

Discussions about Soddy Daisy

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View Soddy Daisy rent history (2015–2026) →
Salary vs rent

Can you afford rent in Soddy Daisy on your salary?

At $1,408/mo, how Soddy Daisy rent compares to typical pay (30% rule).

By apartment size

Soddy Daisy rent by bedroom count

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

Local insights

Tips for renters in Soddy Daisy

About renting in Soddy Daisy, TN

Last updated: August 17, 2026

The median rent in Soddy Daisy is $1,408/mo as of August 2026. A studio apartment averages $1,120/mo while a 2-bedroom runs $1,300/mo. One-bedroom apartments average $1,170/mo and 3-bedroom units go for $1,630/mo.

At 22% of local median household income ($75,113/yr), Soddy Daisy ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Soddy Daisy an affordable city for renters?

Soddy Daisy is considered very affordable for renters. At $1,408/mo, rent takes approximately 22% of the local median household income ($75,113/yr). The standard benchmark is 30%. Soddy Daisy falls comfortably within that range.

How much income do you need to rent in Soddy Daisy?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (~$27/hour full-time) to afford the median rent of $1,408/mo in Soddy Daisy. The local median household income is $75,113/yr, meaning the typical Soddy Daisy household meets that threshold.

Is rent going up or down in Soddy Daisy?

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

How does Soddy Daisy rent compare to other cities in Tennessee?

Soddy Daisy is one of the more affordable cities in Tennessee for rent, ranking #51 out of 62 tracked cities at $1,408/mo.

Which nearby cities are cheaper to rent in than Soddy Daisy?

Several nearby cities have lower median rents than Soddy Daisy ($1,408/mo): Dayton ($815/mo), Red Bank ($1,320/mo).

What percentage of Soddy Daisy residents rent vs. own?

According to Census data, approximately 24.3% of Soddy Daisy households are renters, while 75.7% are owner-occupied. Soddy Daisy leans toward homeownership, which can mean a smaller rental inventory.

How does Soddy Daisy rent compare to the national average?

Soddy Daisy's median rent of $1,408/mo is $554 (28%) below the US national median of $1,962/mo. Within Tennessee, it ranks #51 out of 62 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $1,408/mo, rent takes ~22% of Soddy Daisy's median household income ($75,113/yr). The standard benchmark is 30%.

Soddy Daisy 22%Benchmark 30%
State income taxNone
Run the Soddy Daisy affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Soddy Daisy, TN

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