RentData

Average Rent in Johnson City, TN Rents rising 4.6% YoY🔺 7th priciest in TN

HUD FY2025 · Official government data · Updated annually · Metro pop. 208,934

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Johnson City, TN has rental prices ranging from $890/month to $1,562/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $895/month — 36% below the national average of $1,400/month. With a median household income of $56,096/year, spending $895/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.

How Johnson City Compares

With an average 2-bedroom rent of $1,119/month, Johnson City ranks #7 most expensive of the 73 cities tracked in Tennessee — pricier than 77% of all US cities in our data.

The Johnson City Rental Market

The Johnson City, TN area has a population of about 208,934 and 32% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Johnson City, TN have risen by $49/month (4.6%) over the past year, from $1,070 to $1,119. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Johnson City, TN without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $35,800. The local median household income of $56,096 exceeds that threshold by $20,296, making Johnson City relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Johnson City, TN is $296,489, giving a price-to-rent ratio of 22.1. With a break-even horizon of approximately 22 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Johnson City's neighborhoods. Among the highest-value areas are Mountain Home ($172,464 median home value), West Davis Park ($208,462 median home value), South Side ($255,077 median home value). Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2025
Studio
$890
Affordable
1 Bedroom
$895
Affordable
2 Bedrooms
$1,119
4.6% YoY
Affordable
3 Bedrooms
$1,389
Affordable
4 Bedrooms
$1,562
Average
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Median Home Value
$296,489
Source: Zillow ZHVI
Est. monthly payment
$1,578/mo
20% down · 30yr · 7%

Is Johnson City, TN Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$44,760/year
Local median income: $56,096
To buy a median home
$63,122/year
US national median: $75,000
💡 Based on a 2BR rent of $1,119/month and 20% down on a $296,489 home at 7% rate.

Nearby Cities in TNlargest metros in the state

CityStudio1BR2BR3BRHome Value
Nashville$1,589$1,650$1,827$2,308
Grainger County$481$575$689$924
Knoxville$1,256$1,264$1,548$1,989
Stewart County$625$735$911$1,277
Kingsport$738$824$1,043$1,343
Gibson County$672$709$904$1,267

Rent or Buy in Johnson City?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Johnson City data

$
Home Value
$296,489
2BR Rent
$1,119/mo
Mortgage Rate
7%
Monthly P&I
$1,578/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,183/movs rent: $1,119/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $296,489 home at 7% rate

20% — $59,298
3%50%
Estimated Monthly Payment
$1,578
per month · 30 years · 7% APR
Loan Amount
$237,191
Total Paid
$568,094
Total Interest
$330,903
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Johnson City

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Frequently Asked Questions

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🏘️Neighborhoods in Johnson City

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Johnson City

Is it cheaper to rent or buy here?

💵Rent Affordability in Johnson City

Salary needed to afford rent here

🗺️All Cities in TN

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📋TN Tenant Rights

Deposit limits, eviction laws & renters protections