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Highest gross rent yields in Tennessee

Hardeman County leads Tennessee at 8.01% gross rent yield, on a median rent of $812 and a median home value of $121,700. Census median rent relative to Census median home value, ranked for long-term landlords.

Highest county yield
8.01%
Hardeman County
Median gross rent
$812
ACS B25064
Median home value
$121,700
ACS B25077
State yield
4.98%
State median rent and value

Counties ranked by gross rent yield

1Hardeman County$812$54$121,700$7,8368.01%
2Perry County$758$65$126,900$19,1927.17%
3Obion County$770$28$133,600$10,7246.92%
4Scott County$686$94$124,900$27,4856.59%
5Lake County$532$66$97,900$9,4276.52%
6Decatur County$757$74$139,600$16,3776.51%
7Lauderdale County$774$37$143,200$18,7346.49%
8Crockett County$857$89$158,900$7,3416.47%
9Weakley County$803$43$151,200$12,9456.37%
10Madison County$1,123$26$211,800$8,1576.36%
11Carroll County$755$52$142,400$10,4356.36%
12Gibson County$819$44$156,900$9,5446.26%
13Cocke County$798$91$158,100$11,3646.06%
14Benton County$768$50$153,600$12,0156.00%
15Haywood County$762$45$152,400$18,9406.00%
16Shelby County$1,232$12$249,100$4,3305.93%
17Jackson County$758$142$155,500$16,6775.85%
18Meigs County$875$44$180,000$15,9285.83%
19Hardin County$775$22$160,400$9,4075.80%
20Overton County$832$187$173,200$16,3665.76%
21Henry County$761$49$160,200$7,0045.70%
22Wayne County$619$90$130,700$17,1865.68%
23Dyer County$782$48$166,400$9,9395.64%
24Montgomery County$1,308$32$280,200$5,7065.60%
25Claiborne County$745$36$159,900$9,7865.59%
26Morgan County$770$105$166,300$11,7855.56%
27Hancock County$622$48$134,500$36,4245.55%
28Stewart County$945$65$204,700$19,3555.54%
29Chester County$756$70$164,400$10,0695.52%
30Henderson County$745$51$164,800$8,7505.42%
31McNairy County$723$36$161,800$8,3305.36%
32Humphreys County$862$110$193,400$11,1415.35%
33Hawkins County$785$46$176,300$9,8115.34%
34Van Buren County$700$280$159,200$10,4945.28%
35Carter County$739$29$168,200$4,3655.27%
36Bledsoe County$830$53$189,400$21,5985.26%
37Marion County$853$109$195,200$12,1625.24%
38Anderson County$1,031$40$239,400$7,9395.17%
39Warren County$827$46$192,900$14,3415.14%
40Houston County$735$95$172,700$23,0855.11%
41Fentress County$709$199$168,200$13,9785.06%
42Tipton County$1,013$55$240,600$7,4375.05%
43Sullivan County$889$29$213,300$6,3005.00%
44Union County$847$49$204,000$15,4444.98%
45Grundy County$636$76$154,000$8,6054.96%
46White County$849$32$207,200$15,5894.92%
47Clay County$557$151$136,400$31,2444.90%
48Lewis County$708$65$173,400$25,9634.90%
49Rhea County$839$46$206,000$12,7284.89%
50Hamblen County$857$37$210,900$8,8894.88%
51Washington County$1,005$31$249,000$7,9584.84%
52Hamilton County$1,253$28$312,800$5,7414.81%
53Hickman County$893$78$224,100$15,9954.78%
54Polk County$676$58$169,900$13,9994.77%
55Cheatham County$1,345$163$338,700$11,2534.77%
56Unicoi County$750$197$189,600$16,8674.75%
57Grainger County$746$151$189,200$36,4664.73%
58Jefferson County$904$45$229,300$12,8294.73%
59Bradley County$1,030$32$261,900$8,3924.72%
60Knox County$1,261$26$320,900$5,5244.72%
61Rutherford County$1,502$35$382,600$5,7684.71%
62Lawrence County$763$63$194,400$8,4774.71%
63Campbell County$716$39$186,500$13,3224.61%
64McMinn County$803$50$211,800$11,0274.55%
65Davidson County$1,582$18$417,400$5,7654.55%
66Smith County$922$67$243,800$10,3394.54%
67Johnson County$674$48$178,600$19,5694.53%
68Franklin County$894$39$236,900$7,9884.53%
69Macon County$846$33$225,700$12,5764.50%
70Bedford County$1,051$82$281,200$10,7354.49%
71Lincoln County$857$44$229,700$14,9904.48%
72Coffee County$913$39$246,800$9,8304.44%
73Giles County$862$43$234,300$15,4964.41%
74Maury County$1,300$71$355,700$8,7144.39%
75Sumner County$1,424$36$393,100$6,1434.35%
76Cannon County$908$172$252,000$24,6704.32%
77Sevier County$1,072$38$299,000$12,3874.30%
78Robertson County$1,199$65$335,000$9,2634.29%
79DeKalb County$839$151$235,500$16,7904.28%
80Greene County$737$33$207,500$8,4404.26%
81Sequatchie County$818$62$232,600$18,3664.22%
82Wilson County$1,486$61$428,000$9,0884.17%
83Blount County$1,090$33$320,500$7,7014.08%
84Marshall County$946$66$279,800$12,8134.06%
85Roane County$785$36$232,900$8,4294.04%
86Cumberland County$839$39$250,500$10,2664.02%
87Dickson County$1,015$75$306,400$13,6873.98%
88Putnam County$908$34$282,500$10,6223.86%
89Pickett County$564$194$178,500$25,0533.79%
90Monroe County$714$89$227,500$11,8773.77%
91Loudon County$1,062$81$348,000$16,8323.66%
92Moore County$841$128$285,300$27,7773.54%
93Fayette County$902$79$340,800$12,5023.18%
94Williamson County$1,969$53$751,900$14,8353.14%
95Trousdale County$853$81$337,600$18,8263.03%

Method

Gross rent yield equals Census median gross rent (ACS table B25064) times 12, divided by Census median home value (ACS table B25077). The percent shown is that ratio rounded half up to the nearest 0.01 percentage point. State rows use the state estimate. County rows use the county estimate. A place is left out when either median is missing or not positive. Margins of error are the ACS margins published for each median. Rank is the unrounded ratio, then the place name.

Source: U.S. Census Bureau American Community Survey 2024 5-year, tables B25064 and B25077, as of 2024-07-01 (data years 2020-2024), retrieved 2026-10-09, https://data.census.gov/table/ACSDT5Y2024.B25064.

Frequently asked questions

What is the highest gross rent yield in Tennessee?

Hardeman County at 8.01%. Median gross rent is $812 (margin of error $54). Median home value is $121,700 (margin of error $7,836).

What is the lowest gross rent yield in Tennessee?

Trousdale County at 3.03%. Median gross rent is $853 (margin of error $81). Median home value is $337,600 (margin of error $18,826).

What is the state-level gross rent yield in Tennessee?

4.98%. Median gross rent is $1,189 (margin of error $7). Median home value is $286,700 (margin of error $1,492).