In Rockwood, a typical home is worth $128,700 and typical rent is $774 a month. Compared with all of Roane County, the typical home value is 45% lower, typical household income is 34% lower, and the share of households that own their home is 25 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $188,481 to $235,141.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Rockwood is in Roane 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 Roane County. See the county
What this place has that others do not, from public data, most unusual first.
1
Rockwood has the 2nd lowest typical home value of the 113 cities in Tennessee with more than 5,000 people ($128,700).
2
53% of households in Rockwood own their home, against 78% in Roane County.
3
According to Zillow, in the 12 months to September 2026 the typical home value in Rockwood rose 6.9%; in Tennessee, it rose 0.6%.
4
The typical household income in Rockwood is $47,791,34% less than in Roane County as a whole ($71,885).
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Rockwood
What homes there are in Rockwood, 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
Rockwood
Roane County
Tennessee
United States
Kind of home: Rockwood and its comparisons
Measure
Rockwood
Roane County
Tennessee
United States
Detached house
66%
77%
68%
61%
Attached house
Unreliable estimate
2%
4%
6%
Building of 2 to 4
Unreliable estimate
4%
6%
8%
Apartments (5 or more)
Unreliable estimate
5%
14%
19%
Mobile home
Unreliable estimate
12%
8%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house is still the most common home in Rockwood, but it weighs less than in Roane County: 66% against 77%.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Rockwood
Roane County
Tennessee
United States
Year built: Rockwood and its comparisons
Measure
Rockwood
Roane County
Tennessee
United States
Before 1960
40%
23%
18%
26%
1960–1979
33%
29%
23%
24%
1980–1999
13%
26%
29%
25%
2000–2009
8%
15%
16%
14%
2010 or later
Unreliable estimate
8%
15%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K36%
$100K–$200K37%
$200K–$300K16%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Rockwood and its comparisons
Measure
Rockwood
Under $100K
36%
$100K–$200K
37%
$200K–$300K
16%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99945%
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Rockwood and its comparisons
Measure
Rockwood
Under $500
Unreliable estimate
$500–$999
45%
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$1,285 a month
Roane County: $1,423 a month
Without a mortgage
$314 a month
Roane County: $463 a month
Owners with a mortgage
35%
Roane County: 52%
Owning costs less in Rockwood: with a mortgage, the typical cost is $1,285 a month; in Roane County, $1,423. Without one, $314.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Rockwood+55%
Roane County+55%
Tennessee+72%
United States+53%
Typical rent
Rockwood+30%
Roane County+17%
Tennessee+37%
United States+33%
Typical household income
Rockwood+48%
Roane County+35%
Tennessee+31%
United States+29%
Change since 2015–2019: Rockwood and its comparisons
Measure
Rockwood
Roane County
Tennessee
United States
Typical home value
+55%
+55%
+72%
+53%
Typical rent
+30%
+17%
+37%
+33%
Typical household income
+48%
+35%
+31%
+29%
From 2015–2019 to 2020–2024, home values in Rockwood rose at about the same pace as in Roane County: 55% against 55%.
The typical rent in Rockwood rose 30% over the same time; in Roane County, it rose 17%.
While home values in Rockwood changed +55% and rent +30%, the typical household income rose 48%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Rockwood and its comparisons
Measure
Rockwood
Roane 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
1.5%
2.2%
3.4%
People per household
2.21
2.40
2.45
2.53
Drive alone
79%
81%
76%
69%
Carpool
Unreliable estimate
8%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
0%
3%
Walk or bike
Unreliable estimate
Unreliable estimate
1%
3%
Work from home
Unreliable estimate
9%
13%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
Unreliable estimate
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
On average, a household in Rockwood has 2.21 people, fewer than in Roane County (2.40).
To get to work, 79% of workers in Rockwood drive alone; in Roane County, 81%.
Do the math
What would you pay each month for a home in Rockwood?
A typical home is within reach of the typical income
We start with a typical home in Rockwood, worth $128,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 26% of the typical household income in Rockwood, which is $47,791 a year.
The calculator's FHA and conventional loan limits are those of all of Roane 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 Rockwood. 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 $4,505 (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
$1,023
at 7.18% · 30 years
Loan amount
$126,368
Total interest
$181,814
Paid off in
November 2056
Includes $2,173 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,115 a month
Your payment · 26%
Tight
$1,115 to $1,434 a month
Hard
more than $1,434 a month
Compared with the typical household income in Rockwood ($47,791 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$856
Property tax
$57
Home insurance
$54
FHA mortgage insurance (MIP)
$57
You need at least $4,505 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 $1,023; principal and interest $856.
The city and its county
Rockwood and Roane County
Rockwood is in Roane 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).
Rockwood
Map of Roane County, Tennessee, with Rockwood marked. Around it, the neighboring counties.
Rockwood
Roane County
Other cities with a page
Rockwood's own numbers
Typical home value
$128,700
Typical monthly rent
$774
Typical yearly household income
$47,791
Households that own their home
53%
Effective property tax rate
0.53%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Roane County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,048
Price change over 5 years (FHFA)
+78%
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 Roane County.
A typical home in Rockwood is worth $128,700: 45% below the county and 55% below Tennessee. With the typical household income in Rockwood ($47,791 a year), a typical home costs 2.7 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.
Rockwood2.7 years
Roane3.2 years
Tennessee4.1 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Roane County
According to FHFA’s house price index, home prices in Roane County rose 128% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Roane County.
Yearly change in FHFA’s price index in Roane County, 2016 to 2025
2016: +3.3% +3.3% 2016
2017: +6.4% +6.4% 2017
2018: +4.2% +4.2% 2018
2019: +4.5% +4.5% 2019
2020: +6.9% +6.9% 2020
2021: +13.4% +13.4% 2021
2022: +23.6% +23.6% 2022
2023: +11.8% +11.8% 2023
2024: +5.4% +5.4% 2024
2025: +7.8% +7.8% 2025
Change in FHFA’s price index in Roane County, Tennessee and the United States
Period
County
Tennessee
U.S.
Last year (2025)
+7.8%
+2.4%
+2.9%
5 years (2020–2025)
+78%
+60%
+47%
10 years (2015–2025)
+128%
+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
Rockwood next to Roane 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
Rockwood$128,700
Roane$232,900
Tennessee$286,700
United States$332,700
Typical monthly rent
Rockwood$774
Roane$785
Tennessee$1,189
United States$1,413
Typical yearly household income
Rockwood$47,791
Roane$71,885
Tennessee$69,595
United States$80,734
See the full table
Rockwood next to Roane County and Tennessee
Measure
Rockwood
Roane County
Tennessee
U.S.
Typical home value
$128,700 ▼45% below the county
$232,900
$286,700
$332,700
Typical monthly rent
$774
$785
$1,189
$1,413
Typical yearly household income
$47,791 ▼34% below the county
$71,885
$69,595
$80,734
Households that own their home
53% ▼25 points below the county
78%
67%
65%
Typical yearly property tax
$680 ▼44% below the county
$1,223
$1,442
$3,119
Effective property tax rate
0.53%
0.53%
0.5%
0.94%
Renters with high rent for their income
46% ▲5 points above the county
41%
49%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Roane 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 Rockwood
For a typical $128,700 home in Rockwood, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Rockwood's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,023a month
Least cash to close
Down payment
$4,505
Cash to close
$8,366
Rate
7.18%
Mortgage insurance
FHA MIP · $57
Conventional, 5% down$1,000a month
Down payment
$6,435
Cash to close
$10,296
Rate
7.18%
Mortgage insurance
PMI · $61
Conventional, 20% down, no PMI$808a month
Down payment
$25,740
Cash to close
$29,601
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$927a month
Down payment
$19,305
Cash to close
$23,166
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Rockwood
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,023
$4,505
$126,369
7.18%
FHA MIP · $57
$8,366
580
Conventional, 5% down
$1,000
$6,435
$122,265
7.18%
PMI · $61
$10,296
620*
Conventional, 20% down, no PMI
$808
$25,740
$102,960
7.18%
None
$29,601
620*
ITIN, 15% down (example)
$927
$19,305
$109,395
8.18%
None
$23,166
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 Rockwood and for Roane County.
Property tax
Effective rate in Rockwood
0.53%of the home’s value each year
$680 a year for the typical owner in Rockwood.
Rockwood0.53%
Roane0.53%
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 Rockwood is $774 a month: about the same as the county. In Rockwood, 46% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Roane County, by unit size. To pay the 2-bedroom one ($1,048 a month) without spending more than 30% of your income, you would need to earn $20.15 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 Roane County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$857
$16.48
$34,280
1 bedroom
$862
$16.58
$34,480
2 bedrooms
$1,048
$20.15
$41,920
3 bedrooms
$1,395
$26.83
$55,800
4 bedrooms
$1,649
$31.71
$65,960
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 Rockwood
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Rockwood is in ZIP code 37854.
For 2 bedrooms it is $1,050: $2 more than the fair market rent for Roane County ($1,048).
Fair market rent by ZIP code and size in Rockwood, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
37854
$850
$850
$1,050
$1,400
$1,530
ZIP code2 bd3 bd
37854 $1,050$1,400
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Rockwood 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 5 buildings with rents for lower incomes in Rockwood. These are the largest.
Rockwood Village601 S Chamberlain Ave, Rockwood 37854126 homes, 125 low-income · For older adults(865) 354-3945
Evans HTS W-Martin Manor122 Evans Hts, Rockwood 37854124 low-income homes · Run by Rockwood Housing Authority · Average payment: $401 a month · Average wait: 9 months(865) 354-9841
Deer Run Apts5336 Roane State Hwy, Rockwood 3785472 low-income homes · 2 bd: 32 · 3 bd: 40 · In service since 2007 · For people with disabilities, families
Heritage Hills900 Heritage Hills Ct, Rockwood 3785472 low-income homes · 1 bd: 12 · 2 bd: 30 · 3 bd: 30 · In service since 2013 · For people with disabilities, families
Russell Park Apts134 Brownlow Dr, Rockwood 3785425 low-income homes · 1 bd: 15 · 2 bd: 10 · In service since 2001 · For people with disabilities, families
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 Roane 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 Rockwood or Roane County. The ones below are statewide in Tennessee: they work in Rockwood 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).
No legal help resource on our list is for Rockwood or Roane 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 Rockwood and all of Roane 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 Rockwood?
The typical home value in Rockwood is $128,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Roane County it is $232,900.
How much does it cost to rent in Rockwood?
Typical rent in Rockwood is $774 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Roane County is $1,048.
What is the FHA loan limit in Rockwood?
Rockwood uses the FHA limit for all of Roane 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 Rockwood?
The typical homeowner in Rockwood pays $680 a year, according to the U.S. Census Bureau. That is 0.53% of the home’s value; in Roane County, the rate is 0.53%.
Where can I find free help to buy or rent in Rockwood?
We found no HUD-approved counseling agencies with an office in Roane County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
