Example household · $83,730 · same pay · 1 adult

Cleveland

Housing in Cleveland, TN: Rent, Home Prices & Property Tax

$2,669 left/mo

$1,070/mo (1 bd) in Cleveland. Median home $218,500. Property tax 0.51%.

Rent (1-bedroom)
$1,070
/mo
Buy
$1,484
Mortgage, tax, insurance
Buying costs more
$414
/mo

To buy

  • 20% down payment$43,700
  • Mortgage at 7.24%$1,191
  • Property tax (0.51% of value)$93/mo · $1,114/yr
  • Insurance and upkeep$200
  • Monthly total$1,484

Months to 20% down

$2,669 left each month. About 17 months (1.4 years) to save $43,700.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

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