Cheatham County, Tennessee Housing Market Prices
Cheatham County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 73% below the Tennessee median Cheaper than 88% of counties in Tennessee$68,203
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Median rent 13% above the Tennessee median More expensive than 95% of counties in Tennessee$1,345
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cheatham County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $68,203 | $255,786 | $248,835 |
| Price Trend (Annual %) | -1.3% | 9.9% | 7.5% |
| Median Gross Rent | $1,345 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cheatham County is about 73% lower than in Tennessee. Rent is about 13% higher than the Tennessee average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Cheatham County: home prices fell about 1.3% a year while rent rose about 5.0% a year. That is an unusual pattern worth watching.
Median rent in Cheatham County rose about 41.1% between 2015 and 2024, from $953 to $1,345. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 0.8 yearly household incomes in Cheatham County.
Buying the median-priced home in Cheatham County costs roughly 4.2 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Cheatham County. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Cheatham County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $68,203 | $255,786 | $248,835 |
| Median Household Income | $89,427 | $69,901 | $80,455 |
| Price-to-Income Ratio | 0.8 | 3.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cheatham County fell about 50.5%, while median household income rose about 55.9% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Cheatham County | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 76.1% | 60.1% | 58.5% |
| Rental Rate | 17.2% | 29.7% | 31.2% |
| Vacancy Rate | 6.7% | 10.2% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Cheatham County has a homeownership rate of 76.1%, higher than the Tennessee average of 60.1%. Its housing vacancy rate is 6.7%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Cheatham County | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.55 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1992 | 1986 | 1978 |
| Median Number of Rooms | 6.1 | 5.7 | 5.5 |
The typical housing unit in Cheatham County was built around 1992. On average, 2.6 people live in a home with about 6.1 rooms, staying for about 15.0 years on average.
Cheatham County, TN Housing Compared With Nearby Counties
Cheatham County, TN is the smallest of the 6 counties compared here, 41,825 residents against a local median of 234,153. The measure that sets Cheatham County, TN apart most is median home price: $68,203, 79% below the local median of $320,958.
The counties themselves spread $432,166 on median home price, so Cheatham County, TN sits at one end of an already wide local range rather than apart from it. Cheatham County, TN has the 6th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cheatham County, TN | 41,825 | $68,203 #6/6 | $1,345 #3/6 | 81.5% #1/6 |
| Dickson County, TN | 55,983 | $284,444 | $1,015 | 80.3% |
| Davidson County, TN | 713,477 | $479,049 | $1,584 | 52.9% |
| Robertson County, TN | 75,539 | $320,958 | $1,198 | 77.6% |
| Montgomery County, TN | 234,153 | $213,390 | $1,308 | 61.9% |
| Williamson County, TN | 260,351 | $645,556 | $1,968 | 78.8% |
Frequently Asked Questions
Common questions about the housing market in Cheatham County, Tennessee.
What is the median home price in Cheatham County, Tennessee?
The median home price in Cheatham County, Tennessee is $68,203, lower than the Tennessee average of $255,786.
What is the average home price in Cheatham County, Tennessee?
The typical home price in Cheatham County, Tennessee, reported as the median sale price, is $68,203. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Cheatham County, Tennessee?
The median gross rent in Cheatham County, Tennessee is $1,345 per month, higher than the Tennessee average of $1,188.
What was the median gross rent in Cheatham County in 2020?
In 2020, the median gross rent in Cheatham County, Tennessee was $1,008 per month.
What is the price-to-rent ratio in Cheatham County, Tennessee?
The price-to-rent ratio in Cheatham County, Tennessee is about 4.2, meaning it would take roughly 4.2 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Cheatham County.
Are home prices or rent rising faster in Cheatham County, Tennessee?
Home prices and rent are moving in opposite directions in Cheatham County: home prices fell about 1.3% a year while rent rose about 5.0% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Cheatham County, Tennessee?
76.1% of households in Cheatham County, Tennessee own their home, higher than the Tennessee average of 60.1%.
What is the vacancy rate in Cheatham County, Tennessee?
The housing vacancy rate in Cheatham County, Tennessee is 6.7%, lower than the Tennessee average of 10.2%.
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