The median home in Manchester, Tennessee is valued at $316,372, up 2.6% year over year. Typical monthly rent is $1,645, producing a price-to-rent ratio of 16x — near the national average of 18x. Manchester is part of the Tullahoma-Manchester, TN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Tullahoma-Manchester, TN stress score, crash risk, and 12-month forecast →
Home Value$316,372
+2.6%
Rent$1,645/mo
AFFORDABILITYRenting $309/mo cheaper ($1,645 rent)6.50% 30yr, 20% down, county tax + TN ins. 28% per HUD.
Enter your income for Manchester.
$63,274 on $316,372
Stretch — 31.3% of income
Above 28% but manageable with cuts.
PITI$1,954
P/I31.3%
Afford$283K
Gap-$33K
P&I $1,600Tax $187Ins $167
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Tennessee
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Full Tullahoma-Manchester, TN analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Tullahoma-Manchester, TN metro.
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