States › Tennessee › Sweetwater

Is Sweetwater, TN expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$65163% lower than U.S. average
💵 Families earn per year (2026)$49,019about $4,085/month · 44% lower than U.S. average
🔑 House price$178,40046% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.6 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $26,040 a year. That is $13 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 5 of 114 cities from cheapest to most expensive.

Sweetwater
$651
Munford
$1,489
Loudon
$925
Henderson
$822
Pigeon Forge
$1,335
Jonesborough
$1,287
Kingston
$753

How much do households earn in Sweetwater?

Under $25k
36.8%
$25k–50k
19.4%
$50k–100k
32.7%
$100k–150k
5.2%
$150k+
3.1%

Share of households by yearly income. 8.3% of households earn $100,000 or more.

Rent by apartment size in Sweetwater

SizeSweetwaterU.S. average
1 bedroom$611$1,324
2 bedrooms$648$1,509
3 bedrooms$946$1,698

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

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

Taxes and bills in Sweetwater

🏛️ Property tax$943a year · 0.53% of home value · U.S. $3,119
⚡ Electric bill$149a month (typical) · U.S. $156

Life in Sweetwater

Commute to work20 minU.S.: 26.4 min
College degree18.7%U.S.: 35.7%
Own their home55.1%U.S.: 65.2%
Below poverty line14.6%U.S.: 12.5%
Unemployment2.7%U.S.: 5.2%

Is it cheaper to rent or buy in Sweetwater?

Renting is cheaper right now: about $587 a month less.

Renting
$651
Owning
$1,238

Owning assumes a typical $178,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $17,840 for the down payment.

Frequently asked questions

What is the average rent in Sweetwater, TN?

Renting in Sweetwater costs a median of about $651 a month in 2026, including utilities. The Tennessee median is $1,279.

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

To keep rent under 30% of income, you need about $26,040 a year, or $13 an hour at a full-time job.

Is Sweetwater cheap or expensive?

Sweetwater is rated Cheap: rent takes 15.9% of the typical household income of $49,019. It ranks 5th cheapest of 114 Tennessee cities we track.

How much are property taxes in Sweetwater?

The median homeowner in Sweetwater pays $943 a year in property taxes, about 0.53% of the median home value.

Is Sweetwater 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 Sweetwater?

The median home value in Sweetwater is $178,400, about 3.6 times the typical yearly household income.

6,532 people live in Sweetwater. Numbers are typical (middle) values.