The typical owner-occupied home in Brentwood is worth about $1,031,300, 3.6 times the Tennessee median of $286,700 and 3.1 times the national median of $332,700. Owners pay a median $4,192 a year in property taxes, about 0.41% of their home's value, lower than the Tennessee rate of 0.50%. The median household earns $182,088 a year, so the median home costs 5.7 times the median income (4.1 times for Tennessee). 90% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.
Brentwood at a glance
| Brentwood | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $1,031,300 | $286,700 | $332,700 |
| Median property tax paid per year | $4,192 | $1,442 | $3,119 |
| Property tax as a share of value | 0.41% | 0.50% | 0.94% |
| Median household income | $182,088 | $69,595 | $80,734 |
| Homes lived in by their owners | 90% | 67% | 65% |
| Owner homes with a mortgage | 64% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $3,406 | $1,566 | $1,963 |
| Those costs as a share of the owners' income | 19.1% | 19.6% | 21.0% |
| Median rent | $2,825 | $1,189 | $1,413 |
| Rent as a share of renters' income | 31.6% | 29.5% | 30.6% |
| Median year homes were built | 1996 | 1987 | 1980 |
| Vacant homes | 4.5% | 10.2% | 10.1% |
| Population | 45,556 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Brentwood
At this week's average 30-year rate of 7.11%, buying the median Brentwood home of $1,031,300 with 20% down costs about $6,332 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $8,216, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $271,379 for the 20%-down payment. That payment is 42% of the median Brentwood household income of $182,088; at that income and 20% down, the 28% guideline points to a home of about $692,000.
The median rent here is $2,825 a month, so owning the median home costs about $3,507 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $206,260 |
|---|---|
| Loan amount | $825,040 |
| Principal and interest | $5,550 |
| Property taxes (0.41% a year) | $352 |
| Homeowners insurance (our estimate, 0.5% a year) | $430 |
| PMI | $0 |
| Total per month | $6,332 |
Change the numbers in the calculator
| Down payment | $36,096 |
|---|---|
| Loan amount | $1,012,621 |
| Principal and interest | $6,812 |
| Property taxes (0.41% a year) | $352 |
| Homeowners insurance (our estimate, 0.5% a year) | $430 |
| FHA mortgage insurance | $622 |
| Total per month | $8,216 |
Change the numbers in the calculator
Questions about home buying in Brentwood
What is the median home value in Brentwood?
About $1,031,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Brentwood?
Homeowners pay a median $4,192 a year, which is about 0.41% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Brentwood?
For the median home with 20% down at 7.11%, the payment is about $6,332 a month. Keeping that under 28% of gross income takes about $271,379 a year.
More about Brentwood
- Mortgage Refinance in Brentwood
- Debt Relief in Brentwood
- Home Equity Loans in Brentwood
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data