$525 Per Month
- Studio
- 1 Bath
- 475 Sq Ft
- 2427 Highway 411 N
2427 Us-411, Etowah, TN 37331
Efficiency apartment with stove and fridge. Full bathroom. Window heat/air unit. *Water Included* NO PETS
Frequently Asked Questions
How much does it cost to rent a condo in Etowah, TN?
The median rent for a condo in Etowah, TN is $848 per month, though prices vary by neighborhood, size, and property type. As of September 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 Etowah, TN?
To comfortably afford the median rent in Etowah, TN, a household needs to earn roughly $40,000 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 $1,000 per month in Etowah, TN, renters typically need to show $3,000 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 Etowah, TN?
In Etowah, TN, the price-to-rent ratio is 19.6, 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.
