Median Home Price
$347,462.88
Median Rent
$1,500.05/mo
Price-to-Rent Ratio
19.3
Property Tax RateTIE
0.71%
Price Change (1Y)BETTER
-0.3%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
−$190,436
Median Home PriceBETTER
$222,285.58
Median RentBETTER
$1,386.34/mo
Price-to-Rent RatioBETTER
13.4
Property Tax RateTIE
0.71%
Price Change (1Y)
-1.5%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
−$51,775
Key Differences
Home Prices
Chattanooga's median home price of $347,462.88 is higher than Jackson's $222,285.58 by 56%.
Monthly Rent
Renting in Chattanooga costs $1,500.05/mo compared to $1,386.34/mo in Jackson—a difference of $113.71/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.