Sweetwater, Monroe County, TN

Median Home Price Price

$245,968 $246K

Median Monthly Rent Rent

$780 $780

26.0x

Market Snapshot

Sweetwater, Monroe County, TN is a city market with a median home price of $245,968, a median monthly rent of $780, a GRM of 26.0x, and a price-to-rent ratio of 26.3.

More markets to explore

01 Madisonville, Monroe County, TN
Top recommendation Nearby alternative Lower GRM Higher rent
High confidence
Price $266.5K
Rent $978
GRM 23.0x
Explore the data
Region Show
Madisonville
$266K $978 23.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Luttrell, Union County, TN Explore deeper
$189K $1.1K 14.0x
Cowan, Franklin County, TN
$183K $934 16.0x
Crossville, Cumberland County, TN
$297K $988 25.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Sale City, Mitchell County, GA
$163K $886 15.0x
Lenoir, Caldwell County, NC
$205K $876 20.0x
Oakham, Worcester County, MA
$457K $1.4K 26.0x

Home prices

Monthly rent

GRM = home price / annual rent

Sweetwater

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Benchmark comparison

Rent in Sweetwater, TN is 20.2% lower than Madisonville, TN.

Compare to Madisonville, TN
Sweetwater, TN
Madisonville, TN
Delta
Median rent
$780
$978
+$198
Median price
$245,968
$266,476
+$20,508
YoY change
+$20
+$63
+$43
Price-to-rent
26.3x
22.7x
-3.6x

Key takeaways

  • Sweetwater, Monroe County, TN has a higher-grm screening profile: At 26.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $20 year over year.
  • Rent in Sweetwater, TN is 20.2% lower than Madisonville, TN.