Market Summary

Covington, Tipton County, TN

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Median Home Price Price

$196,464 $196.5K

Median Monthly Rent Rent

$1,115 $1.1K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Tipton County

Region Price Rent GRM Display
Brighton
$263,343 $1,196 18.0x
Gilt Edge
$217,886 $1,318 14.0x
Drummonds
$259,123 $1,298 17.0x

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Monthly rent

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GRM

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Similar markets within TN outside of Tipton County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets outside of TN

Region Price Rent GRM Display
Silverlake, Cowlitz County, WA
$472,447 $1,464 27.0x
O Brien, Suwannee County, FL
$303,803 $1,064 24.0x
North Fairfield, Huron County, OH
$171,569 $1,201 12.0x
McDonald, Washington County, PA
$357,110 $1,051 28.0x
Midlothian, Cook County, IL
$221,005 $1,494 12.0x
Big Rapids, Mecosta County, MI
$199,183 $1,153 14.0x
Aragon, Polk County, GA
$221,150 $1,163 16.0x
Dowling, Barry County, MI
$243,324 $687 29.0x
Coloma, Berrien County, MI
$225,605 $1,116 17.0x
Parsonsburg, Wicomico County, MD
$299,196 $1,492 17.0x
Willard, Huron County, OH
$155,485 $1,097 12.0x
Fort Mitchell, Kenton County, KY
$376,814 $1,123 28.0x
South Hutchinson, Reno County, KS
$137,201 $724 16.0x
Edgewood, Kenton County, KY
$341,277 $1,120 25.0x
Cleveland, Rowan County, NC
$302,605 $956 26.0x
Crescent Springs, Kenton County, KY
$308,607 $1,119 23.0x
Perry, Lake County, OH
$278,885 $1,056 22.0x
Freeport, Harrison County, OH
$151,217 $1,090 12.0x
Northmoor, Platte County, MO
$214,799 $1,136 16.0x
Lyons, Cook County, IL
$263,304 $1,438 15.0x
Kernersville, Forsyth County, NC
$308,928 $1,352 19.0x
Greencastle, Franklin County, PA
$306,772 $1,170 22.0x
Advance, Davie County, NC
$393,969 $1,194 27.0x
Marine City, Saint Clair County, MI
$210,275 $1,138 15.0x
Arcade, Jackson County, GA
$326,539 $1,359 20.0x
Woodleaf, Rowan County, NC
$262,867 $930 23.0x
Randleman, Randolph County, NC
$246,941 $1,021 20.0x
Gallipolis, Gallia County, OH
$158,478 $997 13.0x
Elkins, Randolph County, WV
$163,619 $1,035 13.0x
Riverside, Platte County, MO
$434,132 $1,140 32.0x
Concord, Pike County, GA
$347,781 $1,567 19.0x
Kelso, Cowlitz County, WA
$377,280 $1,486 21.0x
Laquey, Pulaski County, MO
$211,950 $1,043 17.0x
Worth, Cook County, IL
$254,679 $1,454 15.0x
Blissfield, Lenawee County, MI
$224,442 $1,264 15.0x
Green Park, Saint Louis County, MO
$246,544 $1,180 17.0x
New Haven, Mason County, WV
$123,607 $715 14.0x
Danville, Pittsylvania County, VA
$152,081 $1,090 12.0x
Union Gap, Yakima County, WA
$246,527 $1,166 18.0x
Lansdowne, Delaware County, PA
$268,400 $1,520 15.0x
Elsie, Clinton County, MI
$187,305 $1,094 14.0x
Lehigh, Marion County, KS
$131,250 $1,217 9.0x
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$198,500 $1,046 16.0x
Houston Lake, Platte County, MO
$224,776 $1,144 16.0x
High Point, Guilford County, NC
$241,890 $1,148 18.0x
Hanover, Jackson County, MI
$223,658 $1,230 15.0x
Yale, Saint Clair County, MI
$233,514 $1,104 18.0x
Lunenburg, Worcester County, MA
$519,371 $2,522 17.0x
Shiloh, Richland County, OH
$212,416 $727 24.0x
Opelika, Lee County, AL
$290,087 $1,111 22.0x

Home prices

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Monthly rent

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GRM

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Covington

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Trend Insights

Median Rent in Covington, TN is $1,115, with MoM change +$10 and YoY change +$57 pointing to positive momentum while volatility is low (std $13).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Covington, TN.

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Metric
Base market Covington, TN
Compare market Select a market
Delta vs base
Median rent
$1,115
N/A
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Median price
$196,464
N/A
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YoY change
+$57
N/A
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Price-to-rent
14.7x
Data unavailable
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