Rutherford County, Tennessee Housing Market Prices
Rutherford 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 50% above the Tennessee median More expensive than 93% of counties in Tennessee$382,437
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Median rent 26% above the Tennessee median Among the 3 most expensive counties in Tennessee$1,502
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Rutherford County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $382,437 | $255,786 | $248,835 |
| Price Trend (Annual %) | 13.1% | 9.9% | 7.5% |
| Median Gross Rent | $1,502 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 6.3% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Rutherford County is about 50% higher than in Tennessee. Rent is about 26% higher than the Tennessee average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Rutherford County, up about 13.1% and 6.3% a year respectively. Home prices are changing faster.
Median rent in Rutherford County rose about 69.0% between 2015 and 2024, from $889 to $1,502. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 4.5 yearly household incomes in Rutherford County.
Buying the median-priced home in Rutherford County costs roughly 21.2 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Rutherford County. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Rutherford County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $382,437 | $255,786 | $248,835 |
| Median Household Income | $85,930 | $69,901 | $80,455 |
| Price-to-Income Ratio | 4.5 | 3.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Rutherford County rose about 188.2%, while median household income rose about 50.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Rutherford County | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.2% | 60.1% | 58.5% |
| Rental Rate | 32.9% | 29.7% | 31.2% |
| Vacancy Rate | 6.9% | 10.2% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Rutherford County has a homeownership rate of 60.2%, about the same as the Tennessee average of 60.1%. Its housing vacancy rate is 6.9%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Rutherford County | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.75 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1997 | 1986 | 1978 |
| Median Number of Rooms | 5.8 | 5.7 | 5.5 |
The typical housing unit in Rutherford County was built around 1997. On average, 2.7 people live in a home with about 5.8 rooms, staying for about 13.0 years on average.
Rutherford County, TN Housing Compared With Nearby Counties
Rutherford County, TN is the largest of the 5 counties compared here, 357,384 residents against a local median of 108,769. Rutherford County, TN's median home price, at $382,437, runs 20% below the $475,859 typical of the counties around it.
Median rent tells the same story from another angle: $1,502 against a local median of $1,268, 18% above it. The counties themselves spread $341,634 on median home price, so Rutherford County, TN sits at one end of an already wide local range rather than apart from it. Rutherford County, TN has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Rutherford County, TN | 357,384 | $382,437 #4/5 | $1,502 #2/5 | 64.7% #5/5 |
| Bedford County, TN | 52,237 | $303,922 | $1,051 | 71.9% |
| Wilson County, TN | 157,828 | $463,718 | $1,485 | 76.9% |
| Williamson County, TN | 260,351 | $645,556 | $1,968 | 78.8% |
| Coffee County, TN | 59,710 | $487,999 | $913 | 69.0% |
Frequently Asked Questions
Common questions about the housing market in Rutherford County, Tennessee.
What is the median home price in Rutherford County, Tennessee?
The median home price in Rutherford County, Tennessee is $382,437, higher than the Tennessee average of $255,786.
What is the average home price in Rutherford County, Tennessee?
The typical home price in Rutherford County, Tennessee, reported as the median sale price, is $382,437. 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 Rutherford County, Tennessee?
The median gross rent in Rutherford County, Tennessee is $1,502 per month, higher than the Tennessee average of $1,188.
What was the median gross rent in Rutherford County in 2020?
In 2020, the median gross rent in Rutherford County, Tennessee was $1,116 per month.
What is the price-to-rent ratio in Rutherford County, Tennessee?
The price-to-rent ratio in Rutherford County, Tennessee is about 21.2, meaning it would take roughly 21.2 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Rutherford County.
Are home prices or rent rising faster in Rutherford County, Tennessee?
Both home prices and rent are rising in Rutherford County, up about 13.1% and 6.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Rutherford County, Tennessee?
60.2% of households in Rutherford County, Tennessee own their home, about the same as the Tennessee average.
What is the vacancy rate in Rutherford County, Tennessee?
The housing vacancy rate in Rutherford County, Tennessee is 6.9%, lower than the Tennessee average of 10.2%.
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