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Elkton, TN

Full City Profile · Tennessee · Lincoln County County

3.3 /5.0
B Good
468 Population 235/sq mi density
$70,625 Median Income $30,211 per capita
$205,600 Home Value $258,751 Zillow
$922 Median Rent 42.5% income on rent
60°F Avg Temperature 301 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$70,625 median income, 7.5% unemployment
A+
Affordability
5.0 / 5.0
$205,600 home value, $922/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.8 / 5.0
22.4% bachelor's degree or higher

Housing Overview

Median Home Value
$205,600
27% below
US avg: $281,900
Median Rent
$922/mo
21% below
US avg: $1,163/mo
Homeownership Rate
84.0%
28% above US avg (65.4%)
Total Housing Units
202
Median year built: 1974

Home Value by Source

Census Median
$205,600
Zillow (ZHVI)
$258,751
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.0%
Owner-Occupied
16.0%
Renter-Occupied
84%
16%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent: $922/mo

Affordability & Housing Stock

Rent Burden
42.5%
of renters spending 30%+ of income on housing
37% above US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
84.0%

Complete Housing Data

Home Values

Census Median Value$205,600
Zillow Home Value (ZHVI)$258,751

Rent

Census Median Rent$922
FMR Studio$882
FMR 1-Bedroom$924
FMR 2-Bedroom$1,118
FMR 3-Bedroom$1,445
FMR 4-Bedroom$1,644

Market

Ownership & Stock

Owner-Occupied84.0%
Renter-Occupied16.0%
Homeownership Rate84.0%
Total Housing Units202
Median Year Built1974
Rent Burden42.5%