States › Tennessee › Elizabethton

Is Elizabethton, TN expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$99743% lower than U.S. average
💵 Families earn per year (2026)$50,663about $4,222/month · 42% lower than U.S. average
🔑 House price$172,90048% lower than U.S. average

Rent is lower than in 88% of U.S. cities. A typical house costs about 3.4 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $39,880 a year. That is $19 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 27 of 114 cities from cheapest to most expensive.

Elizabethton
$997
Athens
$1,147
Lakeland
$1,847
White House
$1,770
McMinnville
$832
Powell
$1,728
Nolensville
$2,582

How much do households earn in Elizabethton?

Under $25k
25.9%
$25k–50k
28.8%
$50k–100k
25.0%
$100k–150k
11.0%
$150k+
3.5%

Share of households by yearly income. 14.4% of households earn $100,000 or more.

Rent by apartment size in Elizabethton

SizeElizabethtonU.S. average
Studio$308$1,338
1 bedroom$585$1,324
2 bedrooms$811$1,509
3 bedrooms$1,174$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Elizabethton overall?

Everyday prices in Tennessee overall are 8% below the U.S. average (index 91.9, U.S. = 100).

Housing
79
Goods (food, clothes…)
96
Utilities
72
Other services
95
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Elizabethton, so the Tennessee figure is shown.

Taxes and bills in Elizabethton

🏛️ Property tax$1,179a year · 0.68% of home value · U.S. $3,119
⚡ Electric bill$137a month (typical) · U.S. $156

Life in Elizabethton

Commute to work20.9 minU.S.: 26.4 min
College degree26.4%U.S.: 35.7%
Own their home62.6%U.S.: 65.2%
Below poverty line18.8%U.S.: 12.5%
Unemployment5.5%U.S.: 5.2%

Is it cheaper to rent or buy in Elizabethton?

Renting is cheaper right now: about $203 a month less.

Renting
$997
Owning
$1,200

Owning assumes a typical $172,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $17,290 for the down payment.

Frequently asked questions

What is the average rent in Elizabethton, TN?

Renting in Elizabethton costs a median of about $997 a month in 2026, including utilities. The Tennessee median is $1,279.

How much do I need to make to live in Elizabethton?

To keep rent under 30% of income, you need about $39,880 a year, or $19 an hour at a full-time job.

Is Elizabethton cheap or expensive?

Elizabethton is rated OK: rent takes 23.6% of the typical household income of $50,663. It ranks 27th cheapest of 114 Tennessee cities we track.

How much are property taxes in Elizabethton?

The median homeowner in Elizabethton pays $1,179 a year in property taxes, about 0.68% of the median home value.

Is Elizabethton 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 Elizabethton?

The median home value in Elizabethton is $172,900, about 3.4 times the typical yearly household income.

14,374 people live in Elizabethton. Numbers are typical (middle) values.