Housing & Real Estate — Monterey, Tennessee
Overview
| Total Housing Units | 1,030 |
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| Occupied | 854 |
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| Vacant | 176 |
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| Owner-Occupied | 513 |
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| Renter-Occupied | 341 |
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| Median Home Value (Census) | $165,000 |
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| Estimated 2026 | ~$197,000 |
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| Median Rent | $688/mo |
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| Median Property Tax | $1,266/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 18.0% |
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| Severely Rent-Burdened | 42.9% |
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Housing Age
| Built 2010 or later | 62 |
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| Built 2000-2009 | 23 |
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| Built 1990-1999 | 155 |
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| Built before 1960 | 262 |
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| Median Year Built | 1976 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
