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City · 11,330 residents · Hamilton County, Tennessee

Collegedale , Tennessee

In Collegedale, a typical home is worth $365,100 and typical rent is $1,581 a month. Compared with all of Hamilton County, typical rent is 26% higher, the typical home value is 17% higher, and the share of households that own their home is 20 points lower.

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  • Typical home value

    $365,100

    17% above the county

    27% above Tennessee

    • Collegedale
    • Hamilton
    • Tennessee

  • Typical rent

    $1,581a month

    26% above the county

    33% above Tennessee

    • Collegedale
    • Hamilton
    • Tennessee

  • Typical household income

    $70,246a year

    8% below the county

    About the same as Tennessee

    • Collegedale
    • Hamilton
    • Tennessee

  • Households that own their home

    44%

    20 points below the county

    23 points below Tennessee

    • Collegedale
    • Hamilton
    • Tennessee

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$414,306
about the same as 12 months ago
Typical rent
$2,156 a month

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Collegedale is in Hamilton County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Hamilton County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Collegedale apart

What this place has that others do not, from public data, most unusual first.

  1. Collegedale has the 4th lowest homeownership rate of the 113 cities in Tennessee with more than 5,000 people (44%).

  2. Nearby, in East Ridge, the typical home value is $211,100: 42% less than in Collegedale ($365,100).

  3. Nearby, in East Ridge, the typical rent is $1,147: 27% less than in Collegedale ($1,581).

  4. The typical rent in Collegedale is $1,581 a month, 26% more than in Hamilton County as a whole ($1,253).

  5. The typical home in Collegedale is worth $365,100, 17% more than in Hamilton County as a whole ($312,800).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Collegedale

What homes there are in Collegedale, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

No kind of home is the majority in Collegedale; the largest group, detached houses, adds up to 43%, less than in Hamilton County (68%).

Mobile homes are 8% of homes in Collegedale, more than in Hamilton County (3%).

Year built

Here half of the homes date from 2005 or later; in Hamilton County, from 1982 or later.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,685 a month

Hamilton County: $1,608 a month

Without a mortgage

$560 a month

Hamilton County: $520 a month

Owners with a mortgage

51%

Hamilton County: 59%

The typical cost for an owner with a mortgage in Collegedale is $1,685 a month, near the figure in Hamilton County ($1,608).

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Homes in Collegedale gained value more slowly than in Hamilton County: 59% since 2015–2019, against 73%.

Since 2015–2019, the typical rent in Collegedale rose 60%, more than in Hamilton County (44%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureCollegedaleHamilton CountyTennesseeUnited States
Rental vacancy Unreliable estimate4.0%6.1%5.5%
Homeowner vacancy Unreliable estimate1.2%0.9%0.9%
More than one person per room Unreliable estimate1.6%2.2%3.4%
People per household 2.172.382.452.53
Drive alone 62%74%76%69%
Carpool Unreliable estimate8%8%9%
Public transit Unreliable estimate1%0%3%
Walk or bike 10%2%1%3%
Work from home 19%14%13%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Households in Collegedale are smaller: 2.17 people on average; in Hamilton County, 2.38.

In Collegedale, 10% of workers walk or bike to work; in Hamilton County, 2%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Collegedale?

A typical home costs more than the typical income allows

We start with a typical home in Collegedale, worth $365,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 50% of the typical household income in Collegedale, which is $70,246 a year. For that payment to be 28% of income, a household would need to earn about $126,125 a year.

The calculator's FHA and conventional loan limits are those of all of Hamilton County.

Your numbers

Local data
$

Starts at the typical home value in Collegedale. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $12,779 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,943

at 7.18% · 30 years

Loan amount
$358,487
Total interest
$515,778
Paid off in
November 2056

Includes $6,166 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,639 a month

  • Tight

    $1,639 to $2,107 a month

  • Hard

    more than $2,107 a month

    Your payment · 50%

Compared with the typical household income in Collegedale ($70,246 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,943
Principal & interest$2,429
Property tax$201
Home insurance$152
FHA mortgage insurance (MIP)$161

You need at least $12,779 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Collegedale and Hamilton County

Collegedale is in Hamilton County, Tennessee. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Collegedale's own numbers

Typical home value
$365,100
Typical monthly rent
$1,581
Typical yearly household income
$70,246
Households that own their home
44%
Effective property tax rate
0.66%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Hamilton County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,340
Price change over 5 years (FHFA)
+63%
Homes in a high flood-risk zone
2.9%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Hamilton County.

Everything about Hamilton County

Buying

Buying a home in Collegedale

A typical home in Collegedale is worth $365,100: 17% above the county and 27% above Tennessee. With the typical household income in Collegedale ($70,246 a year), a typical home costs 5.2 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Collegedale 5.2 years
  • Hamilton 4.1 years
  • Tennessee 4.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Hamilton County

According to FHFA’s house price index, home prices in Hamilton County rose 117% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Hamilton County.

Period County Tennessee U.S.
Last year (2025) +1.8% +2.4% +2.9%
5 years (2020–2025) +63% +60% +47%
10 years (2015–2025) +117% +114% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Collegedale next to Hamilton County, Tennessee and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Collegedale $365,100
  • Hamilton $312,800
  • Tennessee $286,700
  • United States $332,700
Typical monthly rent
  • Collegedale $1,581
  • Hamilton $1,253
  • Tennessee $1,189
  • United States $1,413
Typical yearly household income
  • Collegedale $70,246
  • Hamilton $76,183
  • Tennessee $69,595
  • United States $80,734
See the full table
Collegedale next to Hamilton County and Tennessee
Measure Collegedale Hamilton County Tennessee U.S.
Typical home value $365,100 $312,800 $286,700 $332,700
Typical monthly rent $1,581 $1,253 $1,189 $1,413
Typical yearly household income $70,246 $76,183 $69,595 $80,734
Households that own their home 44% 64% 67% 65%
Typical yearly property tax $2,402 $1,925 $1,442 $3,119
Effective property tax rate 0.66% 0.62% 0.5% 0.94%
Renters with high rent for their income 39% 45% 49% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Hamilton County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Collegedale

For a typical $365,100 home in Collegedale, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Collegedale's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,943a month

    Least cash to close
    Down payment
    $12,779
    Cash to close
    $23,732
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $161

  • Conventional, 5% down $2,876a month

    Down payment
    $18,255
    Cash to close
    $29,208
    Rate
    7.18%
    Mortgage insurance
    PMI · $173

  • Conventional, 20% down, no PMI $2,332a month

    Down payment
    $73,020
    Cash to close
    $83,973
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,669a month

    Down payment
    $54,765
    Cash to close
    $65,718
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Collegedale and for Hamilton County.

Property tax

Effective rate in Collegedale

0.66%of the home’s value each year

$2,402 a year for the typical owner in Collegedale.

  • Collegedale 0.66%
  • Hamilton 0.62%
  • Tennessee 0.5%

What Tennessee publishes Property tax relief for older, disabled and disabled-veteran homeowners (Tennessee Comptroller of the Treasury, 2026 Property Tax Relief Program brochure)

Exemptions and deadlines in Tennessee

Flood risk in Hamilton County

FEMA does not publish these numbers by city: they are for all of Hamilton County.

Homes in the high-risk zone
2.9%
3,789
Of those, with NFIP insurance
22%
County Tennessee U.S.
Homes in the high-risk zone 2.9% 1.6% 3.5%
Of those, with NFIP insurance 22% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Collegedale

Typical rent in Collegedale is $1,581 a month: 26% above the county. In Collegedale, 39% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Hamilton County, by unit size. To pay the 2-bedroom one ($1,340 a month) without spending more than 30% of your income, you would need to earn $25.77 an hour working full time.

HUD fair market rent for all of Hamilton County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,181 $22.71 $47,240
1 bedroom $1,231 $23.67 $49,240
2 bedrooms $1,340 $25.77 $53,600
3 bedrooms $1,657 $31.87 $66,280
4 bedrooms $1,761 $33.87 $70,440

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Collegedale

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Collegedale has 2 ZIP codes with their own.

For 2 bedrooms it is $1,820 in all of them.

2 of the 2 are above the fair market rent for Hamilton County ($1,340).

  • 37315 $1,820$2,250
  • 37363 $1,820$2,250

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Collegedale when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Collegedale

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in Hamilton County; 1 says it serves in Spanish.

A pregnant woman reads paperwork on the sofa while the grandmother plays with the girl on the floor.

HUD counseling is free or low-cost

Assistance programs in Collegedale

No down payment, repair or rent-help program on our list is for Collegedale or Hamilton County. The ones below are statewide in Tennessee: they work in Collegedale the same as in the rest of the state.

Which programs do I qualify for? All programs in Tennessee

  • Great Choice Plus

    Statewide in Tennessee

    Tennessee state agency help with the down payment and closing costs alongside the Great Choice mortgage: $6,000 or $10,000 forgivable over 10 years with no payments, or up to 5% of the price (maximum $15,000) as a 30-year second mortgage. Offered by Tennessee Housing Development Agency (THDA).

    ForgivableRepayable

    See the program Official page

Housing counselors near Collegedale

The HUD-approved agencies closest to the center of Collegedale, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • CCCS of Rochester-Chattanooga

    5600 Brainerd Rd, Chattanooga · 10 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (423) 490-5620

  • City Fields

    1075 Blythe Ave SE, Cleveland · 12 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (423) 472-9876

  • Chattanooga Neighborhood Enterprise, Inc.

    1500 Chestnut St Ste 102, Chattanooga · 15 miles away

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 2 more
    (423) 756-6201

Every agency in Hamilton County All counseling agencies in Tennessee

Help in Spanish near Collegedale

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Collegedale

In HUD’s record, no housing authority with an office in Hamilton County is named for Collegedale or Hamilton County.

One other authority has an office in Hamilton County: see the list Source: HUD

Cities

Other cities in Hamilton County

These cities are also in Hamilton County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Hamilton County Housing in Tennessee

Nearby cities

The cities closest to Collegedale, with the typical home value.

Neighboring counties

If Hamilton County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Collegedale.

All guides
A father and mother walk their son by the hand down the sidewalk.

Questions

Housing questions about Collegedale

Short answers with the numbers for Collegedale and all of Hamilton County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Collegedale?

The typical home value in Collegedale is $365,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Hamilton County it is $312,800.

How much does it cost to rent in Collegedale?

Typical rent in Collegedale is $1,581 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Hamilton County is $1,340.

What is the FHA loan limit in Collegedale?

Collegedale uses the FHA limit for all of Hamilton County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Collegedale?

The typical homeowner in Collegedale pays $2,402 a year, according to the U.S. Census Bureau. That is 0.66% of the home’s value; in Hamilton County, the rate is 0.62%.

Where can I find free help to buy or rent in Collegedale?

There are 2 HUD-approved counseling agencies with an office in Hamilton County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).