Housing Market Analysis · 2026

Rent vs Buy in Johnson City, TN

Local prices pre-filled. Adjust any input to match your situation.

Median Home Price $269,798
Median Rent $1,391/mo
Price-to-Rent Ratio 16x
YoY Price Change -0.1%
Income Needed $66K

Should you buy in Johnson City?

Price-to-Rent Ratio

16x — is competitive for buying

A price-to-rent ratio of 16 suggests buying may be competitive with renting in Johnson City, TN, depending on your mortgage rate and time horizon.

Monthly Cost Gap

Monthly ownership costs run about $613 above median rent in Johnson City, TN. This relatively tight gap makes the rent-vs-buy decision especially sensitive to how long you stay in the home.

Price Trends

Home prices in Johnson City, TN declined 0.1% year-over-year, which creates potential buying opportunities but also signals some market softness worth monitoring.

Affordability

With an income threshold of $66K, Johnson City, TN is among the more accessible markets for first-time buyers — though the decision still hinges on how long you plan to stay.

Interactive Calculator — Johnson City Pre-filled

Values are set to Johnson City, TN medians. Change anything to match your scenario.

At 10 years

Renting wins by $39K

No breakeven in selected timeframe.

Home Purchase
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Rent & Growth Assumptions
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Down Payment$53,960
Closing Costs$8,094

Monthly Cost (Year 1)

Buy $2,004
Rent $1,391
Mortgage$1,407
Tax$247
Insurance$125
Maintenance$225

Wealth Over Time

Buyer Wealth $173,407
Renter Wealth $212,521
Breakeven No breakeven
YearBuyerRenterWinner
1$49K$74KRent
2$61K$87KRent
3$73K$100KRent
4$85K$114KRent
5$98K$128KRent
6$112K$144KRent
7$127K$160KRent
8$142K$176KRent
9$157K$194KRent
10$173K$213KRent

Common Questions — Renting vs Buying in Johnson City

Other TN Markets to Compare

See how the rent-vs-buy math stacks up in other TN cities.