Housing & Real Estate — Covington, Tennessee
Overview
| Total Housing Units | 3,801 |
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| Occupied | 3,453 |
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| Vacant | 348 |
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| Owner-Occupied | 1,666 |
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| Renter-Occupied | 1,787 |
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| Median Home Value (Census) | $185,900 |
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| Estimated 2026 | ~$203,000 |
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| Median Rent | $910/mo |
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| Median Property Tax | $1,253/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
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| Rent as % of Income | 25.8% |
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| Severely Rent-Burdened | 45.0% |
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Housing Age
| Built 2010 or later | 123 |
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| Built 2000-2009 | 685 |
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| Built 1990-1999 | 543 |
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| Built before 1960 | 1,318 |
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| Median Year Built | 1975 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
