Mortgage Rates in Dyersburg, TennesseeMarch 2026

Updated March 2026 | Based on Dyersburg market data and regional lending conditions

30-Year Fixed
6.75%
15-Year Fixed
5.99%
Median Home Price
$269,000
Est. Monthly Payment
$1,535

Dyersburg is a growing city in Tennessee with a population of 16,317. The current 30-year fixed mortgage rate in Dyersburg is 6.75%, which is 0.1% above the national average. With a median home price of $269,000 and a 20% down payment of $53,800, homebuyers can expect a monthly principal and interest payment of approximately $1,396.

Current Mortgage Rates in Dyersburg, TN

Below are the current average mortgage rates available in the Dyersburg area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.

Loan TypeRateNational AvgDifference
30-Year Fixed6.75%6.65%+0.1%
15-Year Fixed5.99%5.89%+0.1%
5/1 ARM6.25%6.15%+0.1%
FHA6.5%6.25%+0.25%
VA6.25%6.05%+0.2%
Jumbo7%6.85%+0.15%

Dyersburg Housing Market Overview

The Dyersburg housing market offers relatively affordable housing compared to many major cities. The median household income in Dyersburg is $52,000, and the cost of living index is 92.8 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $65,786 to comfortably afford the median-priced home in Dyersburg, which exceeds the current median household income.

Population
16,317
Median Income
$52,000
Property Tax Rate
0.62%
Cost of Living
92.8
Down Payment (20%)
$53,800
Income Needed
$65,786

Monthly Payment Breakdown for Dyersburg

Based on the median home price of $269,000 with 20% down ($53,800), here is what you can expect to pay monthly in Dyersburg:

Principal & Interest (30-yr at 6.75%)$1,396
Property Tax$139
Estimated Insurance$67
Total Estimated Monthly$1,602

15-Year vs. 30-Year Mortgage in Dyersburg

Choosing a 15-year mortgage in Dyersburg at 5.99% instead of a 30-year at 6.75% would save you $175,860 in total interest over the life of the loan. However, your monthly payment would be $1,815 instead of $1,396 — an increase of $419 per month.

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Frequently Asked Questions About Mortgages in Dyersburg

What are the current mortgage rates in Dyersburg, TN?

As of March 2026, the average 30-year fixed mortgage rate in Dyersburg, Tennessee is 6.75%, while the 15-year fixed rate is 5.99%. FHA loans average 6.5% and VA loans 6.25%. These rates are 0.1% above the national average of 6.65%.

How much is a monthly mortgage payment in Dyersburg?

Based on the median home price of $269,000 with 20% down, the estimated monthly mortgage payment in Dyersburg is $1,396 for principal and interest. Including property taxes of $139/month, the total monthly housing cost is approximately $1,535.

What income do I need to buy a home in Dyersburg?

Using the 28% rule, you would need an annual income of approximately $65,786 to afford the median-priced home in Dyersburg at $269,000. The median household income in Dyersburg is $52,000. This means most households would need to either earn above the median or consider homes below $269,000.

Is Dyersburg a good place to buy a home in 2026?

Dyersburg offers a below-average cost of living with a cost of living index of 92.8 (national average = 100). The property tax rate in Tennessee is 0.62%, which is below the national average. Dyersburg has a population of 16,317 and offers a very affordable lifestyle.

Mortgage Rates in Other Tennessee Cities

Nashville, TN
6.72% | $410,000
Memphis, TN
6.72% | $155,000
Knoxville, TN
6.72% | $255,000
Chattanooga, TN
6.72% | $255,000
Clarksville, TN
6.72% | $275,000

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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Dyersburg, Tennessee area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.