2026 Affordability Data
Most Affordable Neighborhoods in Chattanooga - 2026 Data
The median home value in Chattanooga is $220,000, 22% below nat'l avg. Median rent is $1,382/month. With an affordability index of 49, Chattanooga is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Chattanooga, TN area.
Key Takeaways: Affordability in Chattanooga
- 1The most affordable neighborhood in Chattanooga is Memphis, with a median home value of $135,000.
- 2Chattanooga's median home value is $220,000, 22% below nat'l avg (national: $281,900).
- 3Chattanooga's affordability index is 49 (baseline 100), making it less affordable than the national average.
- 4Median rent in Chattanooga is $1,382/month, 19% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Chattanooga to find the most affordable areas based on home values, rent, and affordability index.
Chattanooga Affordability Overview
Median Home Value
$220,000
22% below nat'l avg
Median Rent
$1,382/mo
19% above nat'l avg
Median Income
$45,832
39% below nat'l avg
Affordability Index
49
51% below nat'l avg
Most Affordable Neighborhoods in Chattanooga (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | MemphisTN | $135,000 |
| 2 | NashvilleTN | $365,000 |
| 3 | ColliervilleTN | $409,000 |
| 4 | JacksonTN | $169,300 |
| 5 | KingsportTN | $181,600 |
| 6 | Spring HillTN | $389,800 |
| 7 | NolensvilleTN | $601,900 |
| 8 | BrownsvilleTN | $108,300 |
| 9 | AlcoaTN | $216,100 |
| 10 | ArlingtonTN | $338,900 |
| 11 | ManchesterTN | $202,200 |
| 12 | HendersonvilleTN | $364,700 |
| 13 | AthensTN | $182,100 |
| 14 | SmyrnaTN | $285,200 |
| 15 | FranklinTN | $574,000 |
Detailed Neighborhood Profiles
Home Value: $135,000
Rent: $1,416/mo
Affordability: 148
Population: 633,104
Walk Score: 89/100
Home Value: $365,000
Rent: $2,078/mo
Affordability: 125
Population: 689,447
Walk Score: 98/100
Home Value: $409,000
Rent: $1,363/mo
Affordability: 102
Population: 51,170
Walk Score: 0/100
4
Home Value: $169,300
Rent: $1,363/mo
Affordability: 102
Population: 67,993
Walk Score: 0/100
5
Home Value: $181,600
Rent: $1,363/mo
Affordability: 102
Population: 55,415
Walk Score: 0/100
6
Home Value: $389,800
Rent: $1,363/mo
Affordability: 102
Population: 51,319
Walk Score: 0/100
7
Home Value: $601,900
Rent: $1,363/mo
Affordability: 102
Population: 14,444
Walk Score: 0/100
8
Home Value: $108,300
Rent: $1,363/mo
Affordability: 102
Population: 9,739
Walk Score: 0/100
9
Home Value: $216,100
Rent: $1,363/mo
Affordability: 102
Population: 11,095
Walk Score: 0/100
10
Home Value: $338,900
Rent: $1,363/mo
Affordability: 102
Population: 14,342
Walk Score: 0/100
11
Home Value: $202,200
Rent: $1,363/mo
Affordability: 102
Population: 12,325
Walk Score: 0/100
12
Home Value: $364,700
Rent: $1,363/mo
Affordability: 102
Population: 61,589
Walk Score: 0/100
13
Home Value: $182,100
Rent: $1,363/mo
Affordability: 102
Population: 14,091
Walk Score: 0/100
14
Home Value: $285,200
Rent: $1,363/mo
Affordability: 102
Population: 53,760
Walk Score: 0/100
15
Home Value: $574,000
Rent: $1,363/mo
Affordability: 102
Population: 83,630
Walk Score: 0/100
Frequently Asked Questions About Affordability in Chattanooga
What is the most affordable neighborhood in Chattanooga, TN?▾
Based on 2026 data, Memphis is the most affordable neighborhood in Chattanooga with a median home value of $135,000. Kurby analyzed 15 neighborhoods in the Chattanooga area to compile these rankings.
What is the median home price in Chattanooga, TN?▾
The median home price in Chattanooga is $220,000, which is 22% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Chattanooga affordable compared to the national average?▾
Chattanooga has an affordability index of 49, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Chattanooga, TN?▾
The median monthly rent in Chattanooga is $1,382. This is 19% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Chattanooga?▾
The median household income in Chattanooga is $45,832 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Chattanooga are below the national average home price?▾
7 out of 15 ranked neighborhoods in Chattanooga have a median home value below the national average of $281,900. The most affordable is Memphis at $135,000 (Source: Kurby, 2026).