Single-Family Rental Analysis and Forecast

Summary of Current Chattanooga TN-GA Single Family Rental Market According to the Burns Single Family Rent Index™

Source: https://jbrec.com/

Metrics201820192020202120222023Current
Median SF Rent -Burns SF Rent Index™$1,220$1,247$1,298$1,386$1,475$1,600$1,618
YOY Growth %4.7%2.2%4.1%6.8%6.4%8.5%10.6%
Burns Home Value Index™6.4%7.4%11.9%22.3%9.3%8.0%8.3%
Existing Median Home Price$159,400$177,000$195,200$221,900$255,800n/a$271,800
SF Rent-to-Income Ratio27.4%26.4%26.4%26.7%27.6%28.7%29.2%
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