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Affordable
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These days, finding an affordable place to live in the Bean Station area can be challenging. Home prices in Bean Station are now at a median cost of $184,635, lower than the Tennessee average of $315,131.
The average cost of rent is $823/mo in Bean Station, primarily driven by the current value of real estate in the Bean Station area. In Bean Station, 27.37% of households rent, and 57.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bean Station is $3,997 per month. Households that rent pay about 20.59% of their income on rent here. Bean Station’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tate Springs, TN: equally priced homes
- Wyatt Village, TN: less expensive homes
- Lakemoore, TN: less expensive homes
- Helton, TN: higher priced homes
- Bray, TN: less expensive homes
- Mooresburg, TN: equally priced homes
- Thorn Hill, TN: less expensive homes
- Morristown, TN: higher priced homes
- Russellville, TN: higher priced homes
- Treadway, TN: less expensive homes
Cities with Similar Populations
- Plymouth, NC: less expensive homes
- Oak Harbor, OH: equally priced homes
- Ocean Shores, WA: higher priced homes
- East Berlin, PA: higher priced homes
- Durham, CT: higher priced homes
- Diboll, TX: less expensive homes
- Perry, MI: higher priced homes
- Phoenix, NY: equally priced homes
- Decatur, TN: equally priced homes
- Pierre Part, LA: higher priced homes
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