Grand Junction, TN

City

Rent in Grand Junction

Median Gross Rent

$829

Rent-to-Income Ratio

16.4%

Renter Share

31.6%

Median Renter Income

$57,143

Avg Household Size

2.2

Median Rent by Bedrooms

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

2 Bedrooms: $786

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: 75.0%
$1,000-$1,500: 11.7%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 1.7%
No Cash Rent: 11.7%

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): 63.3%
20-30% (moderate): 10.0%
30-50% (cost-burdened): 5.0%
50%+ (severely cost-burdened): 10.0%
Not Computed: 11.7%

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: $62,750
Renter Households: $57,143

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: 80.0%
$1,000-$1,500: 8.3%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 11.7%

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

Nearby Neighborhoods in Grand Junction

Neighborhood

Hardeman, TN

Van Buren / Center Point

Hopewell / Michigan City

Middleburg / Newcastle

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