salaryRent is higher than in 80% of U.S. cities. A typical house costs about 4.8 years of household income. Most households rent (56%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $92,360 a year. That is $44 an hour at a full-time job.
Is rent cheaper than other Tennessee cities?
No. Rent here is more expensive than in most of Tennessee. It is number 109 of 114 cities from cheapest to most expensive.
How much do households earn in Collegedale?
Share of households by yearly income. 23.8% of households earn $100,000 or more.
Rent by apartment size in Collegedale
| Size | Collegedale | U.S. average |
|---|---|---|
| 1 bedroom | $1,456 | $1,324 |
| 2 bedrooms | $1,583 | $1,509 |
| 3 bedrooms | $2,003 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Collegedale overall?
Everyday prices in Tennessee overall are 8% below the U.S. average (index 91.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Collegedale, so the Tennessee figure is shown.
Taxes and bills in Collegedale
Life in Collegedale
Is it cheaper to rent or buy in Collegedale?
Renting is cheaper right now: about $224 a month less.
Owning assumes a typical $365,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,510 for the down payment.
Frequently asked questions
What is the average rent in Collegedale, TN?
Renting in Collegedale costs a median of about $2,309 a month in 2026, including utilities. The Tennessee median is $1,279.
How much do I need to make to live in Collegedale?
To keep rent under 30% of income, you need about $92,360 a year, or $44 an hour at a full-time job.
Is Collegedale cheap or expensive?
Collegedale is rated Expensive: rent takes 36.6% of the typical household income of $75,760. It ranks 109th cheapest of 114 Tennessee cities we track.
How much are property taxes in Collegedale?
The median homeowner in Collegedale pays $2,402 a year in property taxes, about 0.66% of the median home value.
Is Collegedale more expensive than the national average?
Overall prices in Tennessee are 8% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Collegedale?
The median home value in Collegedale is $365,100, about 4.8 times the typical yearly household income.
11,330 people live in Collegedale. Numbers are typical (middle) values.