Can A Carpenter Afford Rent in Farragut, TN?

Rent-burdened — rent takes 43.4% of gross income.

Farragut rent: June 2026. Salary: BLS OEWS May 2024 (Tennessee state estimate).

Farragut median rent
$2,026/mo
Carpenter salary (Tennessee)
$56,065/yr
Rent as % of income
43.4%
Gross monthly income works out to about $4,672, and the 30% rule supports up to $1,402/mo in rent. Farragut's median rent of $2,026 exceeds that threshold by $624/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 75.2 hours a month to cover that rent.

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 Farragut, which improves the affordability math on a carpenter salary:

Franklin, TN
$2,025/mo (43.3% of income)
Collierville, TN
$2,021/mo (43.3% of income)
La Vergne, TN
$2,019/mo (43.2% of income)

Compare with full rent data for Farragut

View full rent data for Farragut, TN

Frequently asked questions

Can a carpenter afford rent in Farragut, TN?

Median rent in Farragut is $2,026 a month. A typical carpenter in Tennessee earns about $56,065 a year, which makes that rent 43.4% 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 Farragut?

Using the 30% rule, a carpenter salary in Tennessee (~$56,065/yr) supports up to $1,402 a month in rent. Farragut's current median rent is $2,026/mo, which is $624/mo over the affordability threshold.

How many hours does a carpenter work to cover rent in Farragut?

At an hourly equivalent of about $27 an hour, a carpenter in Tennessee works roughly 75.2 hours a month to cover Farragut's median rent of $2,026.

Where is rent cheaper than Farragut for a carpenter?

Nearby Tennessee cities with lower median rent include Franklin ($2,025/mo), Collierville ($2,021/mo), La Vergne ($2,019/mo). Each shifts the affordability math materially on a carpenter salary.

Methodology: Salary uses the BLS-derived Tennessee state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Farragut, TN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.