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Campbell County, TN

Rent vs Own in Campbell County, Tennessee

In Campbell County the ownership stack ($1,055/mo) sits only modestly above HUD's $947/mo 2-bedroom rent, a thin premium, not a blowout. Small assumption changes in the calculator can flip the verdict. Owner-occupied homes: 11,893.

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Renting is cheaper in Campbell County

HUD's 2-bedroom rent is $947/mo - only a thin step below the $1,055/mo ownership stack. That is a $108/mo difference.

Based on 20% down, 6.5% rate, 30-year mortgage. Adjust below.

What This Data Tells Us About Renting vs Owning in Campbell County

Primary driver

The tax rate is a national tailwind

Campbell County's 0.37% effective rate is among the lowest of 3,135 tracked counties: roughly 95% pay a higher rate. That low tax line is one reason owning can compete here.

Decision signal 2

Price and income sit in the middle band

Median household income is $51,557, for a 3.6x home-price-to-income ratio in the middle of the national distribution; property tax takes 1.3% of that income. Small changes in down payment or rate move this county across the rent-vs-own line more than they would in a high-ratio market.

Decision signal 3

Renting wins, but only by a thin premium

At $186,500 for the median home and $691/yr in tax (0.37%), Campbell County's ownership stack (~$1,055/mo) only narrowly exceeds the $947/mo HUD 2-bedroom rent - a $108/mo premium. That is the band where a rate drop or a larger down payment most often flips the cash-flow verdict.

Decision signal 4

HUD moved the rent benchmark down

HUD cut its 2-bedroom Fair Market Rent for Campbell County from $962/mo in FY2025 to $947/mo in FY2026: it decreased by $15/mo (-1.6%). A falling benchmark narrows the case for buying here, and it usually reflects HUD re-estimating the local market rather than existing rents being cut.

Decision signal 5

The county sits near the state middle

Using the assumptions above, Campbell County ranks 52 of 95 Tennessee counties for buy-vs-rent value (rank 1 = the best relative deal for buying). It sits ahead of 43 other Tennessee counties on this measure.

Methodology & disclaimer

This calculator is for informational purposes only and is not tax, legal, or financial advice. Property tax figures come from the U.S. Census Bureau ACS 5-Year Estimates and rent figures come from HUD Fair Market Rents; both describe area medians, not individual transactions. Insurance is estimated at 0.35% of home value annually and closing costs, maintenance, HOA, and PMI are not included. Consult a licensed mortgage, tax, or real-estate professional before making a buy-or-rent decision based on these numbers.

Monthly Cost Breakdown

Estimated Monthly Ownership
$1,055
Mortgage (P&I) $943
Property Tax $58
Insurance (est.) $54
Monthly Rent (2-BR FMR)
$947
Studio$717
1-Bedroom$722
2-Bedroom$947
3-Bedroom$1,249
4-Bedroom$1,254

Adjust Your Scenario

Affordability Context

Median Household Income
$51,557
$4,296/mo
Home Price / Income
3.6x
Moderate (3-5x)
Tax-to-Income Ratio
1.3%
National benchmark: 2-4%

Who actually pays it here

In Campbell County, once the mortgage ends staying put is close to free: the largest cluster of debt-free households faces a yearly charge under $800, so insurance and upkeep, not the tax office, set what the home costs to keep.

Unusually for Campbell County, returns above $200,000 form the single largest block claiming it, a concentration only a minority of US counties show and a marker of high property values.

Layered on a thin rent-vs-own premium, that annual bill is often the swing factor: a paid-off owner still faces a real yearly charge even when the mortgage payment itself would have looked competitive.

Bill bands are Census ACS counts of owner-occupied homes without a mortgage. Income brackets are IRS Statistics of Income county data for tax year 2022, counted over FILERS reporting real-estate taxes on Schedule A, which is a smaller group than homeowners: most filers take the standard deduction.

Nearby Counties

Shelby County
Home: $249,100 Tax: $2,429/yr
Davidson County
Home: $417,400 Tax: $2,506/yr
Knox County
Home: $320,900 Tax: $1,367/yr
Hamilton County
Home: $312,800 Tax: $1,925/yr
Rutherford County
Home: $382,600 Tax: $1,839/yr
Williamson County
Home: $751,900 Tax: $3,004/yr

Frequently Asked Questions

Is it cheaper to rent or buy in Campbell County, Tennessee? ▼
HUD's 2-bedroom rent is only a thin step cheaper than owning in Campbell County (about $108/mo) on the standard 20%-down / 6.5% assumptions. A larger down payment or a rate drop often closes it; equity is still the ownership-only bonus.
What is the average rent in Campbell County? ▼
HUD prices a 2-bedroom unit at $947/mo here. Sizing up matters: going from a studio to a 4-bedroom adds about $537/mo, so the per-bedroom jump is worth checking against your actual space needs before assuming the 2-BR figure applies to your situation.
How much house can you afford in Campbell County? ▼
On the common 3x-income guideline, a $51,557 household here can afford up to $154,671 -- about $31,829 short of this county's $186,500 median home. That gap is typically closed with a larger down payment, dual incomes, or a longer search outside the median price band.
What is the median home price in Campbell County? ▼
$186,500, per the Census Bureau's ACS 5-Year Estimates. What stands out more than the price itself is the tax load on it: this county's 0.37% effective rate sits near the low end of the 3,135 counties tracked here.
Is rent going up or down in Campbell County? ▼
HUD's 2-bedroom Fair Market Rent figure has fallen 1.6% between the FY2025 and FY2026 publications, the two most recent years tracked here.
How does Campbell County compare to other Tennessee counties for renting vs buying? ▼
Out of 95 Tennessee counties ranked here on buy-vs-rent value, Campbell County lands at spot 52, roughly in the middle of the pack statewide. The <a href="/states/tennessee">Tennessee state page</a> lists every peer county's tax bill beside this one.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from the U.S. Census Bureau (American Community Survey). See our methodology for details. Retrieved and formatted by PlainPropertyTax

Source: U.S. Census Bureau, Government Finances State and local property tax revenue by jurisdiction · 2025

Verify with HUD →