In Madisonville, a typical home is worth $234,400 and typical rent is $726 a month. Compared with all of Monroe County, typical household income is 30% lower and the share of households that own their home is 12 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $212,883 to $288,333.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Madisonville is in Monroe 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 Monroe County. See the county
What this place has that others do not, from public data, most unusual first.
1
According to Zillow, in the 12 months to September 2026 the typical home value in Madisonville rose 5.7%; in Tennessee, it rose 0.6%.
2
The typical household income in Madisonville is $39,878,30% less than in Monroe County as a whole ($56,895).
3
Nearby, in Sweetwater, the typical home value is $178,400: 24% less than in Madisonville ($234,400).
4
60% of households in Madisonville own their home, against 72% in Monroe County.
5
Madisonville has the 9th lowest typical rent of the 109 cities in Tennessee with more than 5,000 people ($726).
Sources: Zillow (September 2026 data); U.S. Census Bureau (Average 2020–2024). Zillow data
The homes here
Housing in Madisonville
What homes there are in Madisonville, 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
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Madisonville
Monroe County
Tennessee
United States
Kind of home: Madisonville and its comparisons
Measure
Madisonville
Monroe County
Tennessee
United States
Detached house
61%
66%
68%
61%
Attached house
Unreliable estimate
Unreliable estimate
4%
6%
Building of 2 to 4
Unreliable estimate
7%
6%
8%
Apartments (5 or more)
Unreliable estimate
Unreliable estimate
14%
19%
Mobile home
Unreliable estimate
22%
8%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Madisonville, 6 in 10 homes are single-family detached houses; in Monroe County, 7.
Year built
Before 19601960–19791980–19992000–20092010 or later
Madisonville
Monroe County
Tennessee
United States
Year built: Madisonville and its comparisons
Measure
Madisonville
Monroe County
Tennessee
United States
Before 1960
8%
11%
18%
26%
1960–1979
30%
23%
23%
24%
1980–1999
26%
32%
29%
25%
2000–2009
22%
21%
16%
14%
2010 or later
14%
13%
15%
11%
The typical year built in Madisonville is 1988, about the same as in Monroe County (1991).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K29%
$200K–$300K30%
$300K–$500K26%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Madisonville and its comparisons
Measure
Madisonville
Under $100K
Unreliable estimate
$100K–$200K
29%
$200K–$300K
30%
$300K–$500K
26%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99969%
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Madisonville and its comparisons
Measure
Madisonville
Under $500
Unreliable estimate
$500–$999
69%
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$1,243 a month
Monroe County: $1,221 a month
Without a mortgage
$356 a month
Monroe County: $368 a month
Owners with a mortgage
59%
Monroe County: 45%
In Madisonville, 59% of owners have a mortgage; their typical cost is $1,243 a month, about the same as in Monroe County.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Madisonville+72%
Monroe County+70%
Tennessee+72%
United States+53%
Typical rent
MadisonvilleNo clear change
Monroe CountyNo clear change
Tennessee+37%
United States+33%
Typical household income
MadisonvilleNo clear change
Monroe County+34%
Tennessee+31%
United States+29%
Change since 2015–2019: Madisonville and its comparisons
Measure
Madisonville
Monroe County
Tennessee
United States
Typical home value
+72%
+70%
+72%
+53%
Typical rent
No clear change
No clear change
+37%
+33%
Typical household income
No clear change
+34%
+31%
+29%
The typical home value in Madisonville rose 72% since 2015–2019, about the same as in Monroe County (70%).
Since 2015–2019, the typical rent in Madisonville did not change clearly, according to the Census.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Madisonville and its comparisons
Measure
Madisonville
Monroe County
Tennessee
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
6.1%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.9%
0.9%
More than one person per room
Unreliable estimate
3.0%
2.2%
3.4%
People per household
2.20
2.39
2.45
2.53
Drive alone
84%
81%
76%
69%
Carpool
Unreliable estimate
9%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
0%
3%
Walk or bike
Unreliable estimate
Unreliable estimate
1%
3%
Work from home
Unreliable estimate
7%
13%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Households in Madisonville are smaller: 2.20 people on average; in Monroe County, 2.39.
To get to work, 84% of workers in Madisonville drive alone; in Monroe County, 81%.
Do the math
What would you pay each month for a home in Madisonville?
A typical home costs more than the typical income allows
We start with a typical home in Madisonville, worth $234,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 56% of the typical household income in Madisonville, which is $39,878 a year. For that payment to be 28% of income, a household would need to earn about $79,551 a year.
The calculator's FHA and conventional loan limits are those of all of Monroe County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Madisonville. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $8,204 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,856
at 7.18% · 30 years
Loan amount
$230,154
Total interest
$331,138
Paid off in
November 2056
Includes $3,958 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $930 a month
Tight
$930 to $1,196 a month
Hard
more than $1,196 a month
Your payment · 56%
Compared with the typical household income in Madisonville ($39,878 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,559
Property tax
$96
Home insurance
$98
FHA mortgage insurance (MIP)
$104
You need at least $8,204 for the down payment, plus closing costs.
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.
Total monthly payment $1,856; principal and interest $1,559.
The city and its county
Madisonville and Monroe County
Madisonville is in Monroe 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).
Madisonville
Map of Monroe County, Tennessee, with Madisonville marked. Around it, the neighboring counties.
Madisonville
Monroe County
Other cities with a page
Madisonville's own numbers
Typical home value
$234,400
Typical monthly rent
$726
Typical yearly household income
$39,878
Households that own their home
60%
Effective property tax rate
0.49%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Monroe County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$995
Price change over 5 years (FHFA)
+79%
Homes in a high flood-risk zone
1.1%
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 Monroe County.
A typical home in Madisonville is worth $234,400: 3% above the county and 18% below Tennessee. With the typical household income in Madisonville ($39,878 a year), a typical home costs 5.9 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.
Madisonville5.9 years
Monroe4.0 years
Tennessee4.1 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Monroe County
According to FHFA’s house price index, home prices in Monroe County rose 130% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Monroe County.
Yearly change in FHFA’s price index in Monroe County, 2016 to 2025
2016: +5.5% +5.5% 2016
2017: +1.8% +1.8% 2017
2018: +5.3% +5.3% 2018
2019: +7.1% +7.1% 2019
2020: +6.1% +6.1% 2020
2021: +14.0% +14.0% 2021
2022: +28.7% +28.7% 2022
2023: +9.2% +9.2% 2023
2024: +8.2% +8.2% 2024
2025: +3.4% +3.4% 2025
Change in FHFA’s price index in Monroe County, Tennessee and the United States
Period
County
Tennessee
U.S.
Last year (2025)
+3.4%
+2.4%
+2.9%
5 years (2020–2025)
+79%
+60%
+47%
10 years (2015–2025)
+130%
+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
Madisonville next to Monroe 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
Madisonville$234,400
Monroe$227,500
Tennessee$286,700
United States$332,700
Typical monthly rent
Madisonville$726
Monroe$714
Tennessee$1,189
United States$1,413
Typical yearly household income
Madisonville$39,878
Monroe$56,895
Tennessee$69,595
United States$80,734
See the full table
Madisonville next to Monroe County and Tennessee
Measure
Madisonville
Monroe County
Tennessee
U.S.
Typical home value
$234,400 ▲3% above the county
$227,500
$286,700
$332,700
Typical monthly rent
$726
$714
$1,189
$1,413
Typical yearly household income
$39,878 ▼30% below the county
$56,895
$69,595
$80,734
Households that own their home
60% ▼12 points below the county
72%
67%
65%
Typical yearly property tax
$1,150 ▲23% above the county
$934
$1,442
$3,119
Effective property tax rate
0.49% ▲0.08 points above the county
0.41%
0.5%
0.94%
Renters with high rent for their income
47% ▼5 points below the county
52%
49%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Monroe 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 Madisonville
For a typical $234,400 home in Madisonville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Madisonville's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,856a month
Least cash to close
Down payment
$8,204
Cash to close
$15,236
Rate
7.18%
Mortgage insurance
FHA MIP · $104
Conventional, 5% down$1,813a month
Down payment
$11,720
Cash to close
$18,752
Rate
7.18%
Mortgage insurance
PMI · $111
Conventional, 20% down, no PMI$1,464a month
Down payment
$46,880
Cash to close
$53,912
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,680a month
Down payment
$35,160
Cash to close
$42,192
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Madisonville
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,856
$8,204
$230,154
7.18%
FHA MIP · $104
$15,236
580
Conventional, 5% down
$1,813
$11,720
$222,680
7.18%
PMI · $111
$18,752
620*
Conventional, 20% down, no PMI
$1,464
$46,880
$187,520
7.18%
None
$53,912
620*
ITIN, 15% down (example)
$1,680
$35,160
$199,240
8.18%
None
$42,192
Set by the lender
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.
Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Madisonville and for Monroe County.
Property tax
Effective rate in Madisonville
0.49%of the home’s value each year
$1,150 a year for the typical owner in Madisonville.
Madisonville0.49%
Monroe0.41%
Tennessee0.5%
What Tennessee publishesProperty tax relief for older, disabled and disabled-veteran homeowners (Tennessee Comptroller of the Treasury, 2026 Property Tax Relief Program brochure)
Typical rent in Madisonville is $726 a month: about the same as the county. In Madisonville, 47% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Monroe County, by unit size. To pay the 2-bedroom one ($995 a month) without spending more than 30% of your income, you would need to earn $19.13 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Monroe County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$769
$14.79
$30,760
1 bedroom
$862
$16.58
$34,480
2 bedrooms
$995
$19.13
$39,800
3 bedrooms
$1,303
$25.06
$52,120
4 bedrooms
$1,308
$25.15
$52,320
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 Madisonville
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Madisonville is in ZIP code 37354.
For 2 bedrooms it is $1,050: $55 more than the fair market rent for Monroe County ($995).
Fair market rent by ZIP code and size in Madisonville, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
37354
$810
$910
$1,050
$1,370
$1,380
ZIP code2 bd3 bd
37354 $1,050$1,370
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Madisonville 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 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 8 buildings with rents for lower incomes in Madisonville. These are the largest.
Cloverleaf Apts121 Wayman Rd, Madisonville 3735448 low-income homes · 1 bd: 12 · 2 bd: 24 · 3 bd: 12 · In service since 2011 · For people with disabilities, families
Island Grove150 Willow Creek Dr, Madisonville 3735448 low-income homes · 2 bd: 24 · 3 bd: 24
Cypress Garden Apts200 Lewis St, Madisonville 3735441 low-income homes · 1 bd: 24 · 2 bd: 18 · In service since 2011 · For people with disabilities
Crestview Apartments126 Van St, Madisonville 3735427 low-income homes · For families(423) 442-9793
Ridgeway Apts225 Ballplay Rd, Madisonville 3735424 low-income homes · 2 bd: 24 · In service since 2011 · For people with disabilities
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.
We found no HUD-approved agencies with an office in Monroe County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Madisonville or Monroe County. The ones below are statewide in Tennessee: they work in Madisonville the same as in the rest of the state.
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).
The HUD-approved agencies closest to the center of Madisonville, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
No legal help resource on our list is for Madisonville or Monroe County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Madisonville and all of Monroe 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 Madisonville?
The typical home value in Madisonville is $234,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Monroe County it is $227,500.
How much does it cost to rent in Madisonville?
Typical rent in Madisonville is $726 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Monroe County is $995.
What is the FHA loan limit in Madisonville?
Madisonville uses the FHA limit for all of Monroe 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 Madisonville?
The typical homeowner in Madisonville pays $1,150 a year, according to the U.S. Census Bureau. That is 0.49% of the home’s value; in Monroe County, the rate is 0.41%.
Where can I find free help to buy or rent in Madisonville?
We found no HUD-approved counseling agencies with an office in Monroe County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
