Can An Electrician Afford Rent in Farragut, TN?

Stretched but workable — rent takes 37.8% of gross income.

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

Farragut median rent
$2,026/mo
Electrician salary (Tennessee)
$64,308/yr
Rent as % of income
37.8%
Gross monthly income works out to about $5,359, and the 30% rule supports up to $1,608/mo in rent. Farragut's median rent of $2,026 exceeds that threshold by $418/mo, putting an electrician salary into the rent-burdened range here. An electrician works roughly 65.5 hours a month to cover that rent.

About rent and an electrician salary

Electrician pay is competitive with many four-year-degree occupations and covers comfortable rent across most US metros. Union journeymen in high-cost cities often earn well above the BLS mean once overtime and benefits are counted, which expands affordability further. At the national-average electrician salary, the 30% rule supports about $1,748 a month in rent. The per-city pages show where rent stays in range and where it begins to pinch.

Cheaper rent nearby

These Tennessee cities have lower median rent than Farragut, which improves the affordability math on an electrician salary:

Franklin, TN
$2,025/mo (37.8% of income)
Collierville, TN
$2,021/mo (37.7% of income)
La Vergne, TN
$2,019/mo (37.7% of income)

Compare with full rent data for Farragut

View full rent data for Farragut, TN

Frequently asked questions

Can an electrician afford rent in Farragut, TN?

Median rent in Farragut is $2,026 a month. A typical electrician in Tennessee earns about $64,308 a year, which makes that rent 37.8% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can an electrician afford in Farragut?

Using the 30% rule, an electrician salary in Tennessee (~$64,308/yr) supports up to $1,608 a month in rent. Farragut's current median rent is $2,026/mo, which is $418/mo over the affordability threshold.

How many hours does an electrician work to cover rent in Farragut?

At an hourly equivalent of about $31 an hour, an electrician in Tennessee works roughly 65.5 hours a month to cover Farragut's median rent of $2,026.

Where is rent cheaper than Farragut for an electrician?

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 an electrician 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.