Chattanooga, TN Real Estate

According to census data in the year 2000 there were 72,107 housing units in Chattanooga. This represents a 3.6% growth from 69,601 in 1990.

Of those housing units, 71,532 were located in either urbanized areas or urban clusters, and 575 were located in what is classified as a rural area.

Homeownership rate in Chattanooga is about 54.9%. Chattanooga's vacancy rate, including seasonal lodging, is about 9.1%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Chattanooga were built after 1965.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom14.90%
Two Bedrooms36.10%
Three Bedrooms34.20%
Four Bedrooms10.40%
Five Bedrooms or more2.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1962
Median Value of occupied units$83,500
Median Price asked for vacant units$72,700

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1970
Median Monthly Rent asked for vacant units$395

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8.50%
Home Equity Loan5.40%
Simple Mortgage47.40%
Debt Free38.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17%