Market Summary

Farmington, Montgomery County, TN

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Median Home Price Price

$493,377 $493.4K

Median Monthly Rent Rent

$1,488 $1.5K

GRM

28.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Montgomery 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 within TN outside of Montgomery County

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
$165,809 $1,343 10.0x
$216,844 $1,475 12.0x
$186,493 $1,051 15.0x
$59,465 $1,211 4.0x
$242,792 $1,326 15.0x
$257,317 $1,427 15.0x
$285,508 $1,437 17.0x
$175,927 $1,743 8.0x
$669,991 $2,304 24.0x
$224,950 $1,537 12.0x
$434,664 $1,254 29.0x
$133,532 $1,394 8.0x
$780,462 $2,518 26.0x
$248,662 $1,526 14.0x
$301,136 $1,497 17.0x
$431,680 $1,557 23.0x
$235,575 $1,190 17.0x
$272,080 $1,423 16.0x
$230,738 $1,358 14.0x
$583,706 $1,617 30.0x
$147,534 $1,407 9.0x
$242,796 $1,364 15.0x

Home prices

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Monthly rent

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GRM

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Farmington

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Trend Insights

Median Rent in Farmington, TN is $1,488, with MoM change +$9 and YoY change +$39 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

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

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Metric
Base market Farmington, TN
Compare market Select a market
Delta vs base
Median rent
$1,488
N/A
Median price
$493,377
N/A
YoY change
+$39
N/A
Price-to-rent
27.6x
Data unavailable
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