Housing in Rhea County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Rhea County averages $839/month for a 2‑bedroom in 2024, compared to the Tennessee median of $1,189 and the national median of $1,413. Local renters spend approximately 30% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Rhea County FMR Area are $756 for a studio, $761 for 1‑bedroom, $998 for 2‑bedroom, $1,316 for 3‑bedroom, and $1,321 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $159 increase for a 2-bedroom in Rhea County shows a 19% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Rhea County was 4.2% in 2024, compared to Tennessee at 3.4% and the national rate of 4.0%.

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Towns near Graysville

City
County
State
Miles
Bradley
TN
0.0
Bradley
TN
7.1
Polk
TN
9.3
Bradley
TN
10.5
Polk
TN
10.9
Meigs
TN
11.4
Polk
TN
12.3
Polk
TN
12.8
McMinn
TN
15.4
Polk
TN
17.8
Polk
TN
19.2
McMinn
TN
19.5
McMinn
TN
24.0
Meigs
TN
26.2
Rhea
TN
26.7
McMinn
TN
27.2
Rhea
TN
27.8
Polk
TN
28.8
Polk
TN
29.3
Polk
TN
29.5
McMinn
TN
30.1
Polk
TN
31.3
Rhea
TN
34.5
McMinn
TN
35.5
Rhea
TN
39.0
Meigs
TN
40.3
Rhea
TN
43.5

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