States › Tennessee › Millington

Is Millington, TN expensive to live in?

ExpensiveRent takes 32 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,44318% lower than U.S. average
💵 Families earn per year (2026)$53,902about $4,492/month · 38% lower than U.S. average
🔑 House price$207,30038% lower than U.S. average

Rent is lower than in 61% 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 $57,720 a year. That is $28 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 71 of 114 cities from cheapest to most expensive.

Millington
$1,443
Collegedale
$2,309
Lenoir City
$981
Union City
$677
Martin
$1,037
Lawrenceburg
$443
Hartsville
$1,155

How much do households earn in Millington?

Under $25k
13.9%
$25k–50k
39.0%
$50k–100k
28.4%
$100k–150k
6.8%
$150k+
5.9%

Share of households by yearly income. 12.7% of households earn $100,000 or more.

Rent by apartment size in Millington

SizeMillingtonU.S. average
1 bedroom$870$1,324
2 bedrooms$1,046$1,509
3 bedrooms$1,418$1,698
4 bedrooms$1,812$2,098

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

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

Taxes and bills in Millington

🏛️ Property tax$1,852a year · 0.89% of home value · U.S. $3,119
⚡ Electric bill$201a month (typical) · U.S. $156

Life in Millington

Commute to work20.8 minU.S.: 26.4 min
College degree18.8%U.S.: 35.7%
Own their home57.8%U.S.: 65.2%
Below poverty line16.5%U.S.: 12.5%
Unemployment4.7%U.S.: 5.2%

Is it cheaper to rent or buy in Millington?

About the same. Renting and owning cost within $5 of each other each month.

Renting
$1,443
Owning
$1,438

Owning assumes a typical $207,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $20,730 for the down payment.

Frequently asked questions

What is the average rent in Millington, TN?

Renting in Millington costs a median of about $1,443 a month in 2026, including utilities. The Tennessee median is $1,279.

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

To keep rent under 30% of income, you need about $57,720 a year, or $28 an hour at a full-time job.

Is Millington cheap or expensive?

Millington is rated Expensive: rent takes 32.1% of the typical household income of $53,902. It ranks 71st cheapest of 114 Tennessee cities we track.

How much are property taxes in Millington?

The median homeowner in Millington pays $1,852 a year in property taxes, about 0.89% of the median home value.

Is Millington 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 Millington?

The median home value in Millington is $207,300, about 3.8 times the typical yearly household income.

11,289 people live in Millington. Numbers are typical (middle) values.