Explore available listings and evaluate market performance.
Chattanooga, TN Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,476
Monthly Cash Flow
-$338
Principal + Equity
$2,236
Annual Total Gain
$22,770
Cash on Cash
-5.09%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$173
Occupancy Rate
61.29%
Monthly Revenue
$2,598
Monthly Cash Flow
$394
Principal + Equity
$2,236
Annual Total Gain
$31,558
Cash on Cash %
5.92%
Net ROI %
Market Health & Growth
Median Income
$61,028
Population
182,832
LTR Renter %
46.86%
Forecast (1 yr)
2.54%
Appreciation (1 yr)
-0.58%
Appreciation (5 yr)
45.62%
Appreciation (10 yr)
105.79%
Job Growth
0.58%
LTR Rentability
Moderate
STR Demand
68
STR Rentals
1,298
Top Public Schools
A-STEM School Chattanooga
A-Chattanooga High School Center for Creative Arts
A-
A-
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Best Cities to Retire in America
#44out of 229 markets
Best Cities for Outdoor Activities in America
#91out of 229 markets
Cities with the Lowest Cost of Living in America
#55out of 229 markets
C
Public School
D
Crime And Safety
C
Housing
B
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Chattanooga, TN.
Before investing in a property for Short Term Rental (STR) in Chattanooga, TN, it is important for investors to be aware of the regulations and restrictions in place for this type of rental activity.
1. Zoning Regulations: Chattanooga has specific zoning regulations that govern where STRs are allowed to operate. Investors should check the zoning laws to ensure that the property they are interested in purchasing is located in a zone that permits short term rentals.
2. Permitting and Licensing: In Chattanooga, property owners are required to obtain a permit and pay a licensing fee in order to operate a short term rental. Investors should be aware of the application process and any fees associated with obtaining the necessary permits.
3. Occupancy Limits: Chattanooga has occupancy limits for STRs, which specify the maximum number of guests that can stay in a property at any given time. Investors should be aware of these limits and ensure that their property complies with them.
4. Safety and Health Regulations: Investors should also be aware of any safety and health regulations that apply to STRs in Chattanooga. This may include requirements for smoke detectors, carbon monoxide detectors, and other safety features.
5. Taxes: Investors should be aware of any local taxes that apply to short term rentals in Chattanooga. This may include occupancy taxes, sales taxes, and other fees that must be collected and remitted to the appropriate authorities.
By being aware of these regulations and restrictions, investors can ensure that they are in compliance with the law and can operate their short term rental property successfully in Chattanooga, TN.
Market Trends Over Time
Explore 25 years of market data for Chattanooga, TN, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Chattanooga, TN.
The LTR Genie Score of Chattanooga, TN is 73 and STR Genie Score is 85, indicating a moderate to high level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is moderate, with a Rent Growth Rate of 0.0576% and a Net ROI of 28.53%. On the other hand, the STR metrics show a higher Net ROI of 39.54% and a strong Occupancy rate of 61.29, resulting in a higher STR Genie Score.
Chattanooga, TN is a growing city known for its scenic beauty, outdoor recreational opportunities, and strong economy. The city has seen steady population growth and a thriving job market, making it an attractive location for real estate investment.
Based on the metrics provided, Chattanooga, TN appears to be a favorable market for both long-term and short-term rental investments. The high STR Genie Score suggests that short-term rentals may offer higher returns and occupancy rates compared to long-term rentals. However, the moderate LTR Genie Score indicates that long-term rentals can still be a profitable investment option in this market. Investors may consider diversifying their portfolio by investing in both long-term and short-term rental properties in Chattanooga, TN to maximize their returns.
LTR Genie Score 93
$169,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,852 sqft.🏠 SINGLE FAMILY
