Real Estate Investing in Evensville, Tennessee

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 2,123 • Rhea County

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Should you buy in Evensville, TN? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 14.4% of homes vacant — above national norms.
  • Higher unemployment: 10.9% unemployment — tenant risk signal.

What’s happening in Evensville, TN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.0% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $259,522
Avg Monthly Rent $1,251
ZIP Codes 1

Investing in Evensville Real Estate

With a sizable population across 1 ZIPs, Evensville shows the kind of lackluster fundamentals that keep most out-of-state capital on the sidelines.

Evensville is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. decisively out-of-state investors should be especially careful with the assumptions they carry in.

plainly Evensville's sale market has not rewarded patience. a challenging fit for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

Demographics in Evensville show real pressure — median income of $N/AK is subdued relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Evensville, TN. Anonymous, moderated, never written by AI.

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Avg Home Value
$259,522
Avg Monthly Rent
$1,251
1% Rule
✗ Below
Landlord Friendly (TN)

📉 Market Crash Risk Index

Based on Dayton, TN metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Dayton, TN metro
0
Days to pending
6.4%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Evensville, TN

Screen every ZIP in Evensville

Filter Evensville’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Evensville, TN

Is Evensville, TN landlord-friendly?

TN law landlord-friendly for landlords, and Evensville inherits those rules. Investors should still review local ordinances for rental licensing.

Is the tenant base reliable in Evensville, TN?

Tenant demand in Evensville, TN is solid. The local workforce $1,251/mo rents across most rental classes.

How do experienced investors play Evensville, TN?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Evensville, TN. The numbers - $260K homes against $1,251/mo rents - support that play.

Is Evensville, TN good for house hacking?

The house hack math a challenging in Evensville, TN. Owner-occupant buyers benefit from the $1,251/mo rents and $260K home values.

Are homes affordable in Evensville, TN?

Evensville, TN median home values land near $260K. That is reasonable territory for investors looking at $1,251/mo-per-month rentals.

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