States › Tennessee › Rockwood

Is Rockwood, TN expensive to live in?

OKRent takes 27 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,14135% lower than U.S. average
💵 Families earn per year (2026)$51,543about $4,295/month · 41% lower than U.S. average
🔑 House price$128,70061% lower than U.S. average

Rent is lower than in 79% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $45,640 a year. That is $22 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 42 of 114 cities from cheapest to most expensive.

Rockwood
$1,141
Eagleton Village
$1,183
McKenzie
$1,000
Mount Carmel
$677
Dunlap
$913
Ashland City
$1,406
Lafayette
$1,670

How much do households earn in Rockwood?

Under $25k
21.9%
$25k–50k
32.1%
$50k–100k
22.4%
$100k–150k
5.5%
$150k+
8.1%

Share of households by yearly income. 13.6% of households earn $100,000 or more.

Rent by apartment size in Rockwood

SizeRockwoodU.S. average
1 bedroom$432$1,324
2 bedrooms$811$1,509
3 bedrooms$1,105$1,698
4 bedrooms$1,224$2,098

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

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

Taxes and bills in Rockwood

🏛️ Property tax$680a year · 0.53% of home value · U.S. $3,119
⚡ Electric bill$143a month (typical) · U.S. $156

Life in Rockwood

Commute to work25.1 minU.S.: 26.4 min
College degree8.8%U.S.: 35.7%
Own their home53.2%U.S.: 65.2%
Below poverty line22.1%U.S.: 12.5%
Unemployment10.5%U.S.: 5.2%

Is it cheaper to rent or buy in Rockwood?

Buying is cheaper month to month: about $248 a month less than renting.

Renting
$1,141
Owning
$893

Owning assumes a typical $128,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $12,870 for the down payment.

Frequently asked questions

What is the average rent in Rockwood, TN?

Renting in Rockwood costs a median of about $1,141 a month in 2026, including utilities. The Tennessee median is $1,279.

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

To keep rent under 30% of income, you need about $45,640 a year, or $22 an hour at a full-time job.

Is Rockwood cheap or expensive?

Rockwood is rated OK: rent takes 26.6% of the typical household income of $51,543. It ranks 42nd cheapest of 114 Tennessee cities we track.

How much are property taxes in Rockwood?

The median homeowner in Rockwood pays $680 a year in property taxes, about 0.53% of the median home value.

Is Rockwood 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 Rockwood?

The median home value in Rockwood is $128,700, about 2.5 times the typical yearly household income.

5,566 people live in Rockwood. Numbers are typical (middle) values.