Cowan, TN

City

Rent in Cowan

Median Gross Rent

$787

Rent-to-Income Ratio

27.3%

Renter Share

40.5%

Median Renter Income

$36,007

Avg Household Size

3.3

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

1 Bedroom: $408
2 Bedrooms: $760
3 Bedrooms: $967
4 Bedrooms: $1,350

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 70.9%
$1,000-$1,500: 22.3%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 6.7%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 32.3%
20-30% (moderate): 24.1%
30-50% (cost-burdened): 17.7%
50%+ (severely cost-burdened): 19.1%
Not Computed: 6.7%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $62,500
Renter Households: $36,007

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 84.4%
$1,000-$1,500: 8.9%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 6.7%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Cowan

Neighborhood

Franklin, TN

Keith Springs / Lakeview

Henley / Bel-Aire Heights

Kissling Crossing / Murray Lake Estates

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources