States › Tennessee › Winchester

Is Winchester, TN expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,16634% lower than U.S. average
💵 Families earn per year (2026)$67,710about $5,643/month · 22% lower than U.S. average
🔑 House price$216,90035% lower than U.S. average

Rent is lower than in 78% of U.S. cities. A typical house costs about 3.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $46,640 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 46 of 114 cities from cheapest to most expensive.

Winchester
$1,166
Oakland
$2,096
Brownsville
$1,062
Fairview
$1,460
Fairfield Glade
$2,302
Clinton
$1,134
Halls
$2,274

How much do households earn in Winchester?

Under $25k
15.6%
$25k–50k
28.9%
$50k–100k
34.0%
$100k–150k
11.9%
$150k+
6.6%

Share of households by yearly income. 18.5% of households earn $100,000 or more.

Rent by apartment size in Winchester

SizeWinchesterU.S. average
1 bedroom$478$1,324
2 bedrooms$1,013$1,509
3 bedrooms$1,042$1,698
4 bedrooms$1,360$2,098

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

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

Taxes and bills in Winchester

🏛️ Property tax$1,109a year · 0.51% of home value · U.S. $3,119
⚡ Electric bill$205a month (typical) · U.S. $156

Life in Winchester

Commute to work20.7 minU.S.: 26.4 min
College degree25.6%U.S.: 35.7%
Own their home69.8%U.S.: 65.2%
Below poverty line13.5%U.S.: 12.5%
Unemployment4.4%U.S.: 5.2%

Is it cheaper to rent or buy in Winchester?

Renting is cheaper right now: about $339 a month less.

Renting
$1,166
Owning
$1,505

Owning assumes a typical $216,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,690 for the down payment.

Frequently asked questions

What is the average rent in Winchester, TN?

Renting in Winchester costs a median of about $1,166 a month in 2026, including utilities. The Tennessee median is $1,279.

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

To keep rent under 30% of income, you need about $46,640 a year, or $22 an hour at a full-time job.

Is Winchester cheap or expensive?

Winchester is rated OK: rent takes 20.7% of the typical household income of $67,710. It ranks 46th cheapest of 114 Tennessee cities we track.

How much are property taxes in Winchester?

The median homeowner in Winchester pays $1,109 a year in property taxes, about 0.51% of the median home value.

Is Winchester 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 Winchester?

The median home value in Winchester is $216,900, about 3.2 times the typical yearly household income.

9,799 people live in Winchester. Numbers are typical (middle) values.