States › Tennessee › Manchester

Is Manchester, TN expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,11237% lower than U.S. average
💵 Families earn per year (2026)$62,014about $5,168/month · 29% lower than U.S. average
🔑 House price$237,40029% lower than U.S. average

Rent is lower than in 81% of U.S. cities. A typical house costs about 3.8 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $44,480 a year. That is $21 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 38 of 114 cities from cheapest to most expensive.

Manchester
$1,112
Lewisburg
$1,806
Soddy-Daisy
$1,255
Portland
$2,168
Crossville
$1,089
Alcoa
$1,566
Powell
$1,728

How much do households earn in Manchester?

Under $25k
15.2%
$25k–50k
34.5%
$50k–100k
34.0%
$100k–150k
9.5%
$150k+
4.4%

Share of households by yearly income. 13.9% of households earn $100,000 or more.

Rent by apartment size in Manchester

SizeManchesterU.S. average
1 bedroom$822$1,324
2 bedrooms$1,013$1,509
3 bedrooms$1,188$1,698
4 bedrooms$2,241$2,098

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

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

Taxes and bills in Manchester

🏛️ Property tax$1,604a year · 0.68% of home value · U.S. $3,119
⚡ Electric bill$147a month (typical) · U.S. $156

Life in Manchester

Commute to work25.6 minU.S.: 26.4 min
College degree22.9%U.S.: 35.7%
Own their home51.5%U.S.: 65.2%
Below poverty line14.9%U.S.: 12.5%
Unemployment2.2%U.S.: 5.2%

Is it cheaper to rent or buy in Manchester?

Renting is cheaper right now: about $535 a month less.

Renting
$1,112
Owning
$1,647

Owning assumes a typical $237,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $23,740 for the down payment.

Frequently asked questions

What is the average rent in Manchester, TN?

Renting in Manchester costs a median of about $1,112 a month in 2026, including utilities. The Tennessee median is $1,279.

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

To keep rent under 30% of income, you need about $44,480 a year, or $21 an hour at a full-time job.

Is Manchester cheap or expensive?

Manchester is rated OK: rent takes 21.5% of the typical household income of $62,014. It ranks 38th cheapest of 114 Tennessee cities we track.

How much are property taxes in Manchester?

The median homeowner in Manchester pays $1,604 a year in property taxes, about 0.68% of the median home value.

Is Manchester 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 Manchester?

The median home value in Manchester is $237,400, about 3.8 times the typical yearly household income.

12,944 people live in Manchester. Numbers are typical (middle) values.