$1,600
Total Monthly Price
- 3 Beds
- 1 Bath
- 1,288 Sq Ft
- House for Rent
344 Illinois Ave, Dayton, TN 37321
Charming Renovated Home in the Heart of Dayton, TN! Welcome to this adorable 1,228 sq ft home located at 344 Illinois Ave, Dayton, TN.
Frequently Asked Questions
How much does it cost to rent a home in Dayton, TN?
The median rent for a home in Dayton, TN is $1,250 per month, though prices vary by neighborhood, size, and property type. As of June 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 Dayton, TN?
To comfortably afford the median rent in Dayton, TN, a household needs to earn roughly $50,000 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 $1,250 per month in Dayton, TN, renters typically need to show $3,750 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 Dayton, TN?
In Dayton, TN, the price-to-rent ratio is 19.7, 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.
