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These days, finding an affordable place to live in the Baneberry area can be challenging. Home prices in Baneberry are now at a median cost of $230,200, lower than the Tennessee average of $315,131.
The average cost of rent is $805/mo in Baneberry, primarily driven by the current value of real estate in the Baneberry area. In Baneberry, 14.64% of households rent, and 54.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Baneberry is $4,774 per month. Households that rent pay about 16.86% of their income on rent here. Baneberry’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Swannsylvania, TN: higher priced homes
- White Pine, TN: equally priced homes
- Clevenger, TN: less expensive homes
- Gum Spring, TN: less expensive homes
- Rankin, TN: less expensive homes
- Point Pleasant, TN: less expensive homes
- Newport, TN: less expensive homes
- Bybee, TN: less expensive homes
- Dandridge, TN: higher priced homes
- Sandy Ridge, TN: higher priced homes
Cities with Similar Populations
- Cedar Vale, KS: less expensive homes
- Olney Springs, CO: less expensive homes
- Olmsted, IL: less expensive homes
- Clifty, TN: less expensive homes
- Olaton, KY: less expensive homes
- Tiosa, IN: less expensive homes
- Tower, MI: less expensive homes
- Oakford, IL: less expensive homes
- Nixon, NV: less expensive homes
- Newville, IN: less expensive homes
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