States › Tennessee › Medina

Is Medina, TN expensive to live in?

CheapRent takes 13 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,26928% lower than U.S. average
💵 Families earn per year (2026)$116,270about $9,689/month · 34% higher than U.S. average
🔑 House price$287,20014% lower than U.S. average

Rent is lower than in 71% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (81.9%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $50,760 a year. That is $24 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 56 of 114 cities from cheapest to most expensive.

Medina
$1,269
Ashland City
$1,406
Mount Carmel
$677
Smithville
$960
Pleasant View
$1,918
Rockwood
$1,141
Madisonville
$1,001

How much do households earn in Medina?

Under $25k
1.7%
$25k–50k
17.6%
$50k–100k
46.4%
$100k–150k
21.1%
$150k+
15.7%

Share of households by yearly income. 36.8% of households earn $100,000 or more.

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

Taxes and bills in Medina

🏛️ Property tax$1,871a year · 0.65% of home value · U.S. $3,119
⚡ Electric bill$226a month (typical) · U.S. $156

Life in Medina

Commute to work23.9 minU.S.: 26.4 min
College degree39.1%U.S.: 35.7%
Own their home81.9%U.S.: 65.2%
Below poverty line2.6%U.S.: 12.5%
Unemployment3.3%U.S.: 5.2%

Is it cheaper to rent or buy in Medina?

Renting is cheaper right now: about $724 a month less.

Renting
$1,269
Owning
$1,993

Owning assumes a typical $287,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,720 for the down payment.

Frequently asked questions

What is the average rent in Medina, TN?

Renting in Medina costs a median of about $1,269 a month in 2026, including utilities. The Tennessee median is $1,279.

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

To keep rent under 30% of income, you need about $50,760 a year, or $24 an hour at a full-time job.

Is Medina cheap or expensive?

Medina is rated Cheap: rent takes 13.1% of the typical household income of $116,270. It ranks 56th cheapest of 114 Tennessee cities we track.

How much are property taxes in Medina?

The median homeowner in Medina pays $1,871 a year in property taxes, about 0.65% of the median home value.

Is Medina 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 Medina?

The median home value in Medina is $287,200, about 2.5 times the typical yearly household income.

5,407 people live in Medina. Numbers are typical (middle) values.