Gobey / Nemo, TN

Rent in Gobey / Nemo

Median Gross Rent

$639

Rent-to-Income Ratio

29.2%

Renter Share

25.9%

Median Renter Income

$22,950

Avg Household Size

2.6

Median Rent by Bedrooms

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

1 Bedroom: $338
2 Bedrooms: $682
3 Bedrooms: $912
4 Bedrooms: $823

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: 88.2%
$1,000-$1,500: 8.1%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 3.8%

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): 23.6%
20-30% (moderate): 23.6%
30-50% (cost-burdened): 26.5%
50%+ (severely cost-burdened): 16.1%
Not Computed: 10.1%

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: $76,962
Renter Households: $22,950

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: 93.1%
$1,000-$1,500: 3.2%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 3.8%

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