Starting at $1,375 Per Month
- 2 Beds
3017 Limestone Dr, Louisville, TN 37777
Gorgeous Community Located off Alcoa Hwy in a Secluded Area. Very Quiet and Spacious Two Bedroom Townhomes.
River Hill Townhomes
Frequently Asked Questions
How much does it cost to rent a townhouse in Alcoa, TN?
The median rent for a townhouse in Alcoa, TN is $1,850 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Alcoa, TN?
To comfortably afford the median rent in Alcoa, TN, a household needs to earn roughly $74,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,850 per month in Alcoa, TN, renters typically need to show $5,550 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Alcoa, TN?
In Alcoa, TN, the price-to-rent ratio is 14.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
