Chattanooga, TN housing market
Typical home value
$315K
▼ 1.3% 1 yr
Typical rent
$1,498/mo
▲ 2.3% 1 yr
Gross rent yield
5.7%
U.S. 6.3%
5-year home value change
+20%
U.S. +20%
Key takeaways
- 1The typical home in Chattanooga is worth $314,999, down 1.3% over the past year and up 20% over five years.
- 2Typical rent is $1,498 a month (+2.3% YoY), a gross rent yield of 5.7% (above the Chattanooga, TN metro's 5.7%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,731/mo, $233 more than typical rent.
- 4Zillow forecasts the Chattanooga, TN metro's home values to change +1.2% over the next 12 months.
Market temperature (Chattanooga, TN metro)
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 22/100, #521 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Chattanooga compares
| Measure | Chattanooga | Chattanooga, TN metro | United States |
|---|---|---|---|
| Typical home value | $314,999 | $318,922 | $366,157 |
| Home value, 1-yr change | −1.3% | −0.3% | +1.2% |
| Typical rent | $1,498 | $1,509 | $1,932 |
| Rent, 1-yr change | +2.3% | +2.4% | +2.7% |
| Gross rent yield | 5.7% | 5.7% | 6.3% |
| Price-to-rent ratio | 17.5 | 17.6 | 15.8 |
| Mortgage P&I, typical home | $1,731 | $1,753 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Chattanooga rental, pre-filled.
Rent vs buy in Chattanooga
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $315K home.
Other cities in the Chattanooga, TN metro
Ringgold, GA
$315K home$1,803 rent
▲ 1.2% 1 yr
Ooltewah, TN
$438K home$2,050 rent
▼ 1.6% 1 yr
East Ridge, TN
$253K home$1,423 rent
▼ 2.7% 1 yr
Rossville, GA
$215K home$1,375 rent
▼ 2.4% 1 yr
Red Bank, TN
$304K home$1,283 rent
▼ 2.0% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.