Can A Carpenter Afford Rent in Collierville, TN?
Rent-burdened — rent takes 41.9% of gross income.
Collierville rent: June 2026. Salary: BLS OEWS May 2024 (Tennessee state estimate).
About rent and a carpenter salary
Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.
Cheaper rent nearby
These Tennessee cities have lower median rent than Collierville, which improves the affordability math on a carpenter salary:
Compare with full rent data for Collierville
View full rent data for Collierville, TN →Frequently asked questions
Can a carpenter afford rent in Collierville, TN?
Median rent in Collierville is $1,956 a month. A typical carpenter in Tennessee earns about $56,065 a year, which makes that rent 41.9% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a carpenter afford in Collierville?
Using the 30% rule, a carpenter salary in Tennessee (~$56,065/yr) supports up to $1,402 a month in rent. Collierville's current median rent is $1,956/mo, which is $554/mo over the affordability threshold.
How many hours does a carpenter work to cover rent in Collierville?
At an hourly equivalent of about $27 an hour, a carpenter in Tennessee works roughly 72.6 hours a month to cover Collierville's median rent of $1,956.
Where is rent cheaper than Collierville for a carpenter?
Nearby Tennessee cities with lower median rent include Farragut ($1,955/mo), Maryville ($1,955/mo), Powell ($1,954/mo). Each shifts the affordability math materially on a carpenter salary.