Rent is lower than in 75% of U.S. cities. A typical house costs about 3.1 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $48,560 a year. That is $23 an hour at a full-time job.
Is rent cheaper than other Tennessee cities?
Yes. Rent here is cheaper than in most of Tennessee. It is number 51 of 114 cities from cheapest to most expensive.
How much do households earn in East Ridge?
Share of households by yearly income. 16.6% of households earn $100,000 or more.
Rent by apartment size in East Ridge
| Size | East Ridge | U.S. average |
|---|---|---|
| Studio | $827 | $1,338 |
| 1 bedroom | $995 | $1,324 |
| 2 bedrooms | $1,162 | $1,509 |
| 3 bedrooms | $1,538 | $1,698 |
| 4 bedrooms | $2,032 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is East Ridge 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 East Ridge, so the Tennessee figure is shown.
Taxes and bills in East Ridge
Life in East Ridge
Is it cheaper to rent or buy in East Ridge?
Renting is cheaper right now: about $251 a month less.
Owning assumes a typical $211,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,110 for the down payment.
Frequently asked questions
What is the average rent in East Ridge, TN?
Renting in East Ridge costs a median of about $1,214 a month in 2026, including utilities. The Tennessee median is $1,279.
How much do I need to make to live in East Ridge?
To keep rent under 30% of income, you need about $48,560 a year, or $23 an hour at a full-time job.
Is East Ridge cheap or expensive?
East Ridge is rated OK: rent takes 21.7% of the typical household income of $67,133. It ranks 51st cheapest of 114 Tennessee cities we track.
How much are property taxes in East Ridge?
The median homeowner in East Ridge pays $1,555 a year in property taxes, about 0.74% of the median home value.
Is East Ridge 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 East Ridge?
The median home value in East Ridge is $211,100, about 3.1 times the typical yearly household income.
22,070 people live in East Ridge. Numbers are typical (middle) values.