Cookeville, TN housing market
Typical home value
$319K
▲ 1.3% 1 yr
Typical rent
$1,480/mo
▲ 2.2% 1 yr
Gross rent yield
5.6%
U.S. 6.3%
5-year home value change
+24%
U.S. +20%
Key takeaways
- 1The typical home in Cookeville is worth $318,964, up 1.3% over the past year and up 24% over five years.
- 2Typical rent is $1,480 a month (+2.2% YoY), a gross rent yield of 5.6% (below the Cookeville, TN metro's 6.2%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,753/mo, $273 more than typical rent.
- 4Zillow forecasts the Cookeville, TN metro's home values to change +2.0% over the next 12 months.
Market temperature (Cookeville, TN metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 28/100, #472 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 Cookeville compares
| Measure | Cookeville | Cookeville, TN metro | United States |
|---|---|---|---|
| Typical home value | $318,964 | $290,625 | $366,157 |
| Home value, 1-yr change | +1.3% | +1.7% | +1.2% |
| Typical rent | $1,480 | $1,513 | $1,932 |
| Rent, 1-yr change | +2.2% | +2.4% | +2.7% |
| Gross rent yield | 5.6% | 6.2% | 6.3% |
| Price-to-rent ratio | 18.0 | 16.0 | 15.8 |
| Mortgage P&I, typical home | $1,753 | $1,597 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Cookeville rental, pre-filled.
Rent vs buy in Cookeville
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $319K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.