Delano, Polk County, TN

Median Home Price Price

$242,094 $242.1K

Median Monthly Rent Rent

$993 $993

20.0x

Market Snapshot

Delano, Polk County, TN is a city market with a median home price of $242,094, a median monthly rent of $993, a GRM of 20.0x, and a price-to-rent ratio of 20.3.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Top recommendation Nearby alternative Similar GRM Lower price Lower rent
High confidence
Price $197.3K
Rent $829
GRM 20.0x
Nearby alternative Similar GRM Similar rent Rent momentum
High confidence
Price $240.7K
Rent $1K
GRM 20.0x
Explore the data
Region Show
Oldfort
$241K $1.0K 20.0x
Benton
$246K $749 27.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$292K $1.0K 24.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Delano

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Benchmark comparison

Rent in Delano, TN is 1.7% lower than Oldfort, TN.

Delano, TN
Oldfort, TN
Delta
Median rent
$993
$1,010
+$17
Median price
$242,094
$240,653
-$1,441
YoY change
+$77
+$91
+$14
Price-to-rent
20.3x
19.9x
-0.4x

Key takeaways

  • Delano, Polk County, TN has a higher-grm screening profile: At 20.0x 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 $77 year over year.
  • Rent in Delano, TN is 1.7% lower than Oldfort, TN.