States › Tennessee › Loudon

Is Loudon, TN expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$92547% lower than U.S. average
💵 Families earn per year (2026)$57,862about $4,822/month · 34% lower than U.S. average
🔑 House price$244,20027% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 4.2 years of household income. Commutes are short, about 19.6 minutes.

How much money do I need?

To rent here comfortably, you should earn about $37,000 a year. That is $18 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 23 of 114 cities from cheapest to most expensive.

Loudon
$925
Henderson
$822
Pigeon Forge
$1,335
Sweetwater
$651
Munford
$1,489
Jonesborough
$1,287
Kingston
$753

How much do households earn in Loudon?

Under $25k
14.8%
$25k–50k
34.3%
$50k–100k
29.6%
$100k–150k
13.5%
$150k+
6.2%

Share of households by yearly income. 19.8% of households earn $100,000 or more.

Rent by apartment size in Loudon

SizeLoudonU.S. average
1 bedroom$481$1,324
2 bedrooms$841$1,509
3 bedrooms$1,076$1,698

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

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

Taxes and bills in Loudon

🏛️ Property tax$1,130a year · 0.46% of home value · U.S. $3,119
⚡ Electric bill$199a month (typical) · U.S. $156

Life in Loudon

Commute to work19.6 minU.S.: 26.4 min
College degree15.8%U.S.: 35.7%
Own their home63.6%U.S.: 65.2%
Below poverty line18.5%U.S.: 12.5%
Unemployment2.4%U.S.: 5.2%

Is it cheaper to rent or buy in Loudon?

Renting is cheaper right now: about $769 a month less.

Renting
$925
Owning
$1,694

Owning assumes a typical $244,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,420 for the down payment.

Frequently asked questions

What is the average rent in Loudon, TN?

Renting in Loudon costs a median of about $925 a month in 2026, including utilities. The Tennessee median is $1,279.

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

To keep rent under 30% of income, you need about $37,000 a year, or $18 an hour at a full-time job.

Is Loudon cheap or expensive?

Loudon is rated Cheap: rent takes 19.2% of the typical household income of $57,862. It ranks 23rd cheapest of 114 Tennessee cities we track.

How much are property taxes in Loudon?

The median homeowner in Loudon pays $1,130 a year in property taxes, about 0.46% of the median home value.

Is Loudon 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 Loudon?

The median home value in Loudon is $244,200, about 4.2 times the typical yearly household income.

6,432 people live in Loudon. Numbers are typical (middle) values.