Real Estate Investing in Harrogate, Tennessee

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

1 ZIP codes • Population: 6,160 • Claiborne County

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

🏠 For Homebuyers
MIXED
Grade C (58/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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
1 flag
  • Elevated vacancy: 11.5% vacancy may signal weakening demand.

What’s happening in Harrogate, TN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.5% 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 $243,114
Avg Monthly Rent $909
ZIP Codes 1

Investing in Harrogate Real Estate

Harrogate, TN covers 1 ZIP codes and a population but the investment metrics here are subdued — this is not a market to enter casually.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Harrogate is in that category.

Rents in Harrogate at $909/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Distressed-leaning demographics in Harrogate — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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

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Avg Home Value
$243,114
Avg Monthly Rent
$909
1% Rule
✗ Below
Landlord Friendly (TN)

🎓 Colleges & Universities in Harrogate

1 College 5,805 Students
C+
Lincoln Memorial University
4-Year Private · 5,805 students

ZIP Codes in Harrogate, TN

Screen every ZIP in Harrogate

Filter Harrogate’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 Harrogate, TN

How much is rent in Harrogate, TN?

Harrogate, TN rentals go for roughly $909/mo a month. That puts gross yield in solid territory relative to $243K acquisition costs.

Is vacancy a concern in Harrogate, TN?

Rental vacancy in Harrogate, TN is elevated. Investors should budget normal turnover but not chronic empty units.

Is Harrogate, TN a smart market for rental property?

With a 3.0/5 investability score, Harrogate, TN ranks as a solid market for rental property investors. Median prices of $243K and rents of $909/mo drive the underlying numbers.

How landlord-friendly is Harrogate, TN?

Landlord-friendliness in Harrogate, TN is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

What strategy should investors use in Harrogate, TN?

A careful cash-flow rentals with hands-on management strategy Harrogate, TN best. The market produces reliable results for that approach at the $243K price point.

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