salaryRent is lower than in 81% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs about 4.5 years of household income. Most homes (95.8%) are owned, so rentals can be hard to find. It is a highly educated city: 56.7% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $44,480 a year. That is $21 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 39 of 114 cities from cheapest to most expensive.
How much do households earn in Tellico Village?
Share of households by yearly income. 37.1% of households earn $100,000 or more.
Rent by apartment size in Tellico Village
| Size | Tellico Village | U.S. average |
|---|---|---|
| 2 bedrooms | $2,327 | $1,509 |
| 3 bedrooms | $2,413 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Tellico Village 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 Tellico Village, so the Tennessee figure is shown.
Taxes and bills in Tellico Village
Life in Tellico Village
Is it cheaper to rent or buy in Tellico Village?
Renting is cheaper right now: about $2,477 a month less.
Owning assumes a typical $517,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $51,720 for the down payment.
Frequently asked questions
What is the average rent in Tellico Village, TN?
Renting in Tellico Village costs a median of about $1,112 a month in 2026, including utilities. The Tennessee median is $1,279.
How much do I need to make to live in Tellico Village?
To keep rent under 30% of income, you need about $44,480 a year, or $21 an hour at a full-time job.
Is Tellico Village cheap or expensive?
Tellico Village is rated Cheap: rent takes 11.6% of the typical household income of $115,265. It ranks 39th cheapest of 114 Tennessee cities we track.
How much are property taxes in Tellico Village?
The median homeowner in Tellico Village pays $1,747 a year in property taxes, about 0.34% of the median home value.
Is Tellico Village 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 Tellico Village?
The median home value in Tellico Village is $517,200, about 4.5 times the typical yearly household income.
7,414 people live in Tellico Village. Numbers are typical (middle) values.