Average Rent in Stewart County, TN↓ Rents falling 30.1% YoY🔻 Cheapest in TN
HUD FY2021 · Official government data · Updated annually · Metro pop. 13,859
Market Overview
Stewart County, TN has rental prices ranging from $520/month to $1,162/month in 2021, depending on unit size. The typical 1-bedroom apartment rents for $525/month — 62% below the national average of $1,400/month. With a median household income of $62,052/year, spending $525/month on a 1-bedroom represents 10% of gross income — within the recommended 30% threshold.
How Stewart County Compares
With an average 2-bedroom rent of $671/month, Stewart County ranks #73 most expensive of the 73 cities tracked in Tennessee — more affordable than 100% of all US cities in our data.
The Stewart County Rental Market
The Stewart County, TN area has a population of about 13,859 and 16% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Stewart County, TN have fallen by $289/month (30.1%) over the past year, from $960 to $671. This rate of decrease is significant and reflects softening demand or increased inventory in the local market.
Affordability
To afford a 1-bedroom apartment in Stewart County, TN without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $21,000. The local median household income of $62,052 exceeds that threshold by $41,052, making Stewart County relatively accessible compared to local wages.
Economy & Jobs
Stewart County, TN has an unemployment rate of 4.1%, 0.2 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2021Is Stewart County, TN Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in TNlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Nashville | $1,589 | $1,650 | $1,827 | $2,308 | — |
| Grainger County | $481 | $575 | $689 | $924 | — |
| Knoxville | $1,256 | $1,264 | $1,548 | $1,989 | — |
| Kingsport | $738 | $824 | $1,043 | $1,343 | — |
| Johnson City | $890 | $895 | $1,119 | $1,389 | — |
| Gibson County | $672 | $709 | $904 | $1,267 | — |
Rent or Buy in Stewart County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Stewart County data
Renting appears to be the better financial choice for this scenario.
Living in Stewart County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Stewart CountySalary needed to afford rent here
🗺️All Cities in TNSee how Stewart County ranks statewide
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