Rent is lower than in 72% of U.S. cities. A typical house costs about 3.2 years of household income. Most homes (75.7%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $50,200 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 54 of 114 cities from cheapest to most expensive.
How much do households earn in Soddy-Daisy?
Share of households by yearly income. 27.1% of households earn $100,000 or more.
Rent by apartment size in Soddy-Daisy
| Size | Soddy-Daisy | U.S. average |
|---|---|---|
| 1 bedroom | $789 | $1,324 |
| 2 bedrooms | $1,164 | $1,509 |
| 3 bedrooms | $926 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Soddy-Daisy 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 Soddy-Daisy, so the Tennessee figure is shown.
Taxes and bills in Soddy-Daisy
Life in Soddy-Daisy
Is it cheaper to rent or buy in Soddy-Daisy?
Renting is cheaper right now: about $525 a month less.
Owning assumes a typical $256,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,660 for the down payment.
Frequently asked questions
What is the average rent in Soddy-Daisy, TN?
Renting in Soddy-Daisy costs a median of about $1,255 a month in 2026, including utilities. The Tennessee median is $1,279.
How much do I need to make to live in Soddy-Daisy?
To keep rent under 30% of income, you need about $50,200 a year, or $24 an hour at a full-time job.
Is Soddy-Daisy cheap or expensive?
Soddy-Daisy is rated Cheap: rent takes 18.6% of the typical household income of $81,009. It ranks 54th cheapest of 114 Tennessee cities we track.
How much are property taxes in Soddy-Daisy?
The median homeowner in Soddy-Daisy pays $1,487 a year in property taxes, about 0.58% of the median home value.
Is Soddy-Daisy 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 Soddy-Daisy?
The median home value in Soddy-Daisy is $256,600, about 3.2 times the typical yearly household income.
13,231 people live in Soddy-Daisy. Numbers are typical (middle) values.