What is the median rent in McKenzie, TN?
The median gross rent in McKenzie, TN is $663 (±$68) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 840 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In McKenzie, the median gross rent went from $670 in 2015–2019 to $663 in 2020–2024 (−1.0%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median gross rent
- $663 (±$68)
- Rented homes
- 840 (±197)
- $2,000 or more
- 0.0%
- Since 2015–2019
- −1.0%
How much rent costs in McKenzie
| Monthly gross rent | McKenzie | Carroll County | Tennessee | United States |
|---|---|---|---|---|
| Less than $500 | 12.7% (±6.8 points) | 15.6% | 7.8% | 6.3% |
| $500 to $999 | 82.7% (±8.1 points) | 61.7% | 28.5% | 20.2% |
| $1,000 to $1,499 | 4.5% (±4.7 points) | 20.1% | 33.0% | 28.1% |
| $1,500 to $1,999 | 0.0% (±5.2 points) | 1.1% | 19.0% | 21.1% |
| $2,000 to $2,499 | 0.0% (±5.2 points) | 0.8% | 7.5% | 12.0% |
| $2,500 to $2,999 | 0.0% (±5.2 points) | 0.0% | 2.3% | 5.5% |
| $3,000 or more | 0.0% (±5.2 points) | 0.8% | 1.8% | 6.8% |
The most common range is $500 to $999, paid by 82.7% of renting households.
0.0% of rented homes in McKenzie cost $2,000 or more a month.
McKenzie against Carroll County, its state and the nation
| McKenzie | Carroll County | Tennessee | United States | |
|---|---|---|---|---|
| Median gross rent | $663 (±$68) | $755 (±$52) | $1,189 (±$7) | $1,413 |
| Rented homes paying rent | 840 (±197) | 2,514 (±295) | 867,741 (±7,411) | 42,849,984 |
In McKenzie, median gross rent is lower than in Carroll County ($755).
It is also lower than in Tennessee ($1,189).
It is lower than the national figure ($1,413).
In Carroll County, McKenzie ranks 6 of 8 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 327 of 376.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in McKenzie has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $670 (±$27) | $663 (±$68) | −1.0% | Down after inflation |
| Households that rent | 40.6% (±5.1 points) | 40.0% (±7.1 points) | −0.6 percentage points | Not a measurable change |
| Rental vacancy rate | 7.7% (±7.5 points) | 0.0% (±5.0 points) | −7.7 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near McKenzie
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| McKenzie | — | $663 (±$68) | — |
| Henry | 7.0 mi | $619 (±$253) | Not measurably different |
| Gleason | 8.0 mi | $676 (±$18) | Not measurably different |
| Huntingdon | 10 mi | $927 (±$183) | Higher |
| Trezevant | 11 mi | $738 (±$163) | Not measurably different |
| McLemoresville | 11 mi | $779 (±$18) | Higher |
| Atwood | 14 mi | $825 (±$297) | Not measurably different |
| Dresden | 15 mi | $725 (±$179) | Not measurably different |
| Hollow Rock | 15 mi | $521 (±$278) | Not measurably different |
Nearby places with a measurably higher figure: Huntingdon, TN ($927), McLemoresville, TN ($779).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Carroll County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Huntingdon | $927 (±$183) |
| 2 | Clarksburg | $925 (±$487) |
| 3 | Atwood | $825 (±$297) |
| 4 | McLemoresville | $779 (±$18) |
| 5 | Trezevant | $738 (±$163) |
| 6 | McKenzie | $663 (±$68) |
| 7 | Bruceton | $625 (±$336) |
| 8 | Hollow Rock | $521 (±$278) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about McKenzie
What is the average rent in McKenzie, TN?
The Census Bureau publishes the median rather than the average: the median gross rent in McKenzie is $663 (±$68) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in McKenzie?
In McKenzie, the median gross rent went from $670 in 2015–2019 to $663 in 2020–2024 (−1.0%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
How many rentals in McKenzie cost more than $2,000 a month?
0.0% of rented homes in McKenzie have a gross rent of $2,000 or more a month, and 12.7% cost less than $500.
Is rent in McKenzie higher than in Carroll County?
In McKenzie, median gross rent is lower than in Carroll County ($755).
It is also lower than in Tennessee ($1,189).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — McKenzie city, Tennessee
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — McKenzie city, Tennessee
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — McKenzie city, Tennessee
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for McKenzie city, Tennessee (place:44940, in state:47).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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