Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Algood area can be challenging. Home prices in Algood are now at a median cost of $303,109, lower than the Tennessee average of $315,131.
The average cost of rent is $853/mo in Algood, primarily driven by the current value of real estate in the Algood area. In Algood, 37.79% of households rent, and 44.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Algood is $3,540 per month. Households that rent pay about 24.09% of their income on rent here. Algood’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cookeville, TN: equally priced homes
- Rickman, TN: less expensive homes
- Freewill, TN: less expensive homes
- Sand Springs, TN: equally priced homes
- Board Valley, TN: less expensive homes
- Bloomington Springs, TN: less expensive homes
- Baxter, TN: less expensive homes
- Monterey, TN: less expensive homes
- Yankeetown, TN: less expensive homes
- Twin Oak, TN: less expensive homes
Cities with Similar Populations
- St. Bernard, LA: less expensive homes
- Walsenburg, CO: less expensive homes
- Granby, MO: less expensive homes
- Hemlock Farms, PA: equally priced homes
- Marienville, PA: less expensive homes
- Suquamish, WA: higher priced homes
- Sewanee, TN: higher priced homes
- Ferrysburg, MI: equally priced homes
- Wellsville, KS: less expensive homes
- Rochester, WI: higher priced homes
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