salaryRent is lower than in 63% of U.S. cities. A typical house costs about 3.1 years of household income. Most homes (83.7%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $56,200 a year. That is $27 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 66 of 114 cities from cheapest to most expensive.
How much do households earn in Middle Valley?
Share of households by yearly income. 32.7% of households earn $100,000 or more.
Rent by apartment size in Middle Valley
| Size | Middle Valley | U.S. average |
|---|---|---|
| 2 bedrooms | $1,206 | $1,509 |
| 3 bedrooms | $1,253 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Middle Valley overall?
Everyday prices in Tennessee overall are 8% below the U.S. average (index 91.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Middle Valley, so the Tennessee figure is shown.
Taxes and bills in Middle Valley
Life in Middle Valley
Is it cheaper to rent or buy in Middle Valley?
Renting is cheaper right now: about $811 a month less.
Owning assumes a typical $319,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $31,940 for the down payment.
Frequently asked questions
What is the average rent in Middle Valley, TN?
Renting in Middle Valley costs a median of about $1,405 a month in 2026, including utilities. The Tennessee median is $1,279.
How much do I need to make to live in Middle Valley?
To keep rent under 30% of income, you need about $56,200 a year, or $27 an hour at a full-time job.
Is Middle Valley cheap or expensive?
Middle Valley is rated Cheap: rent takes 16.5% of the typical household income of $102,458. It ranks 66th cheapest of 114 Tennessee cities we track.
How much are property taxes in Middle Valley?
The median homeowner in Middle Valley pays $1,447 a year in property taxes, about 0.45% of the median home value.
Is Middle Valley 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 Middle Valley?
The median home value in Middle Valley is $319,400, about 3.1 times the typical yearly household income.
12,187 people live in Middle Valley. Numbers are typical (middle) values.