Housing in Putnam 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 Putnam County averages $908/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 Putnam County FMR Area are $794 for a studio, $864 for 1‑bedroom, $1,071 for 2‑bedroom, $1,488 for 3‑bedroom, and $1,644 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $163 increase for a 2-bedroom in Putnam County shows a 18% rise over that period.

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

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Towns near Monterey

City
County
State
Miles
Putnam
TN
0.0
Putnam
TN
6.8
Putnam
TN
8.3
Putnam
TN
12.3
Putnam
TN
13.4
Putnam
TN
16.7
White
TN
19.8
White
TN
24.4
DeKalb
TN
24.7
White
TN
26.4
DeKalb
TN
26.4
White
TN
26.8
DeKalb
TN
27.1
DeKalb
TN
29.4
Warren
TN
31.0
Warren
TN
32.1
Van Buren
TN
34.4
Warren
TN
39.2
Bledsoe
TN
44.0
Warren
TN
46.9
Warren
TN
50.6

Renter Qualifications

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