Dayton, TN home prices
Typical home $258,522 · +3.5% in a year · income needed $69,200
The Dayton, TN metro area ranks 424 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.5% in a year and +23.7% over five years. With 20% down at 7.11%, the typical home costs about $1,614 a month including 0.43% property tax (Rhea County rate).
Mortgage on the typical Dayton home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $51,704 | $206,818 | $1,391 | $0 | $223 | $1,614 | $69,200 |
| 10% down | $25,852 | $232,670 | $1,565 | $97 | $223 | $1,885 | $80,800 |
| 5% down | $12,926 | $245,596 | $1,652 | $102 | $223 | $1,977 | $84,700 |
| 3.5% down (FHA) | $9,048 | $253,840 | $1,708 | $114 | $223 | $2,045 | $87,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.43% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Dayton area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Rhea County, TN | $258,525 | +3.5% | 0.43% |
What can you afford in Tennessee on your salary? · Tennessee home prices · Salaries in Tennessee
Frequently asked questions
How much is a house in Dayton?
The typical home in the Dayton, TN metro area is worth $258,522 (Zillow, September 2026).
What salary do you need to buy a house in Dayton?
About $69,200 a year for the typical home with 20% down at 7.11%.