Rental numbers for Hamilton County, TN
The typical home here runs -$1,208 a month at 7.78% with 25% down. 1 of 17 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.1%.
- Gross yield
- 5.2%
- typical home, Zillow
- Median ZIP yield
- 5.1%
- 17 ZIPs with full data
- Cash flow
- -$1,208/mo
- at 7.78%, 25% down
- Typical price
- $352,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,520/mo
- Zillow ZORI, Aug 2026
ZIP codes in Hamilton County
25 with published figures
| 37407Chattanooga | $128,000 | $1,180* | 11.1% | 6.3% | -$15 | n/a |
| 37410Chattanooga | $160,000 | $1,481 | 11.1% | 6.8% | +$44 | n/a |
| 37406Chattanooga | $184,000 | $1,597 | 10.4% | 6.1% | -$51 | +4.4% |
| 37404Chattanooga | $257,000 | $1,621 | 7.6% | 4.2% | -$491 | +4.6% |
| 37351Chattanooga | $235,000 | $1,480* | 7.6% | 4.0% | -$473 | n/a |
| 37411Chattanooga | $234,000 | $1,440 | 7.4% | 3.9% | -$499 | +0.7% |
| 37412East Ridge | $257,000 | $1,419 | 6.6% | 3.3% | -$680 | +2.0% |
| 37409Chattanooga | $385,000 | $1,899 | 5.9% | 3.1% | -$1,093 | n/a |
| 37363Ooltewah | $440,000 | $2,106 | 5.7% | 3.0% | -$1,256 | +0.7% |
| 37373Sale Creek | $312,000 | $1,450* | 5.6% | 2.8% | -$955 | n/a |
| 37341Harrison | $338,000 | $1,510* | 5.3% | 2.6% | -$1,075 | n/a |
| 37416Chattanooga | $291,000 | $1,297 | 5.3% | 2.3% | -$1,021 | +1.0% |
| 37343Hixson | $365,000 | $1,540 | 5.1% | 2.3% | -$1,286 | +2.2% |
| 37379Soddy-Daisy | $359,000 | $1,505 | 5.0% | 2.4% | -$1,229 | n/a |
| 37421Chattanooga | $361,000 | $1,512 | 5.0% | 2.2% | -$1,296 | +1.3% |
| 37403Chattanooga | $385,000 | $1,592 | 5.0% | 2.0% | -$1,436 | +1.9% |
| 37415Red Bank | $331,000 | $1,361 | 4.9% | 2.0% | -$1,226 | -0.2% |
| 37377Signal Mountain | $640,000 | $2,454 | 4.6% | 2.1% | -$2,321 | n/a |
| 37408Chattanooga | $403,000 | $1,430 | 4.3% | 1.7% | -$1,615 | +8.5% |
| 37405Red Bank | $454,000 | $1,544 | 4.1% | 1.4% | -$1,911 | +3.6% |
| 37402Chattanooga | $443,000 | $1,500 | 4.1% | 0.9% | -$2,050 | +1.0% |
| 37419Chattanooga | $376,000 | $1,260* | 4.0% | 1.2% | -$1,656 | n/a |
| 37308Birchwood | $352,000 | $1,060* | 3.6% | 1.2% | -$1,545 | n/a |
| 37302Apison | $528,000 | $1,310* | 3.0% | 0.7% | -$2,525 | n/a |
| 37350Lookout Mountain | $1,073,000 | $1,900* | 2.1% | -0.1% | -$5,879 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- -0.9%
- Rent, 12 months
- +1.9%
- Rent minus price growth
- +2.8 pts
- Property tax
- 0.61%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $284,945 | $1,257 |
| Aug 2022 | $330,918 | $1,402 |
| Aug 2023 | $340,079 | $1,461 |
| Aug 2024 | $354,858 | $1,490 |
| Aug 2025 | $355,383 | $1,492 |
| Aug 2026 | $352,207 | $1,520 |
HUD Fair Market Rent
FY2027, Chattanooga, TN-GA MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,181 | $1,231 | $1,340 | $1,657 | $1,761 |
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
- 13.1
- 2,021 units, last 12 months
- National percentile
- 80th
- among US counties
Tools
Test a listing in Hamilton County against today's rate.
Open the calculatorPart of the Chattanooga, TN metro.
Questions
- Is Hamilton County good for rental property?
- The typical home here runs -$1,208 a month at 7.78% with 25% down. 1 of 17 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.1%. 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 Hamilton County?
- About 0.61% of value, from Census ACS median taxes paid over median home value. On a $352,000 home that is about $2,166 a year.
- What is Fair Market Rent in Hamilton County?
- HUD's FY2027 Fair Market Rent here is $1,231 for a 1-bedroom, $1,340 for a 2-bedroom and $1,657 for a 3-bedroom. Typical cash flow at today's rate is -$1,208 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
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.