States › Tennessee › Hendersonville

Is Hendersonville, TN expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8053% higher than U.S. average
💵 Families earn per year (2026)$104,830about $8,736/month · 20% higher than U.S. average
🔑 House price$430,70029% higher than U.S. average

Rent is higher than in 58% of U.S. cities. A typical house costs about 4.1 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $72,200 a year. That is $35 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 91 of 114 cities from cheapest to most expensive.

Hendersonville
$1,805
Jackson
$1,442
Bartlett
$2,352
Smyrna
$1,755
Kingsport
$1,213
Spring Hill
$2,022
Johnson City
$1,355

How much do households earn in Hendersonville?

Under $25k
6.1%
$25k–50k
17.4%
$50k–100k
37.8%
$100k–150k
21.8%
$150k+
13.1%

Share of households by yearly income. 34.9% of households earn $100,000 or more.

Rent by apartment size in Hendersonville

SizeHendersonvilleU.S. average
Studio$1,477$1,338
1 bedroom$1,464$1,324
2 bedrooms$1,769$1,509
3 bedrooms$2,228$1,698
4 bedrooms$2,614$2,098

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

How expensive is Hendersonville 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 Hendersonville, so the Tennessee figure is shown.

Taxes and bills in Hendersonville

🏛️ Property tax$2,458a year · 0.57% of home value · U.S. $3,119
⚡ Electric bill$160a month (typical) · U.S. $156

Life in Hendersonville

Commute to work29.7 minU.S.: 26.4 min
College degree43.9%U.S.: 35.7%
Own their home71.7%U.S.: 65.2%
Below poverty line6.3%U.S.: 12.5%
Unemployment4.3%U.S.: 5.2%

Is it cheaper to rent or buy in Hendersonville?

Renting is cheaper right now: about $1,183 a month less.

Renting
$1,805
Owning
$2,988

Owning assumes a typical $430,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $43,070 for the down payment.

Frequently asked questions

What is the average rent in Hendersonville, TN?

Renting in Hendersonville costs a median of about $1,805 a month in 2026, including utilities. The Tennessee median is $1,279.

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

To keep rent under 30% of income, you need about $72,200 a year, or $35 an hour at a full-time job.

Is Hendersonville cheap or expensive?

Hendersonville is rated OK: rent takes 20.7% of the typical household income of $104,830. It ranks 91st cheapest of 114 Tennessee cities we track.

How much are property taxes in Hendersonville?

The median homeowner in Hendersonville pays $2,458 a year in property taxes, about 0.57% of the median home value.

Is Hendersonville 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 Hendersonville?

The median home value in Hendersonville is $430,700, about 4.1 times the typical yearly household income.

63,091 people live in Hendersonville. Numbers are typical (middle) values.