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RE Intelligence

Rental numbers for Greene County, TN

The typical home here runs -$775 a month at 7.78% with 25% down, breaking even at about 0.7%. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.7%.

Gross yield
5.7%
typical home, Zillow
Median ZIP yield
5.7%
1 ZIPs with full data
Cash flow
-$775/mo
at 7.78%, 25% down
Typical price
$252,000
Zillow ZHVI, Aug 2026
Typical rent
$1,198/mo
Zillow ZORI, Aug 2026

ZIP codes in Greene County

7 with published figures

37743Greeneville$250,000$1,1885.7%2.8%-$770n/a
37809Midway$206,000$980*5.7%2.5%-$676n/a
37810Mohawk$218,000$970*5.3%2.4%-$729n/a
37818Mosheim$221,000$960*5.2%2.3%-$772n/a
37641Chuckey$261,000$1,010*4.7%1.8%-$1,002n/a
37745Greeneville$256,000$970*4.5%1.8%-$1,005n/a
37616Afton$281,000$960*4.1%1.5%-$1,163n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+2.7%
Rent, 12 months
+7.8%
Rent minus price growth
+5.2 pts
Property tax
0.43%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
9010011012013014020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$187,781n/a
Aug 2022$212,428n/a
Aug 2023$222,840n/a
Aug 2024$245,124$1,065
Aug 2025$245,267$1,111
Aug 2026$251,809$1,198

HUD Fair Market Rent

FY2027, Greene County, TN

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$693$789$995$1,268$1,365

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
9.5
269 units, last 12 months
National percentile
70th
among US counties

Tools

Test a listing in Greene County against today's rate.

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Part of the Greeneville, TN metro.

Questions

Is Greene County good for rental property?
The typical home here runs -$775 a month at 7.78% with 25% down, breaking even at about 0.7%. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.7%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Greene County?
About 0.43% of value, from Census ACS median taxes paid over median home value. On a $252,000 home that is about $1,080 a year.
What is Fair Market Rent in Greene County?
HUD's FY2027 Fair Market Rent here is $789 for a 1-bedroom, $995 for a 2-bedroom and $1,268 for a 3-bedroom. Typical cash flow at today's rate is -$775 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.