Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bolivar area can be challenging. Home prices in Bolivar are now at a median cost of $101,413, lower than the Tennessee average of $218,916.
The average cost of rent is $797/mo in Bolivar, primarily driven by the current value of real estate in the Bolivar area. While nearly 42.73% of residents own their homes outright in Bolivar, 39.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bolivar is $2,883 per month. Households that rent pay about 27.63% of their income on rent here. Bolivar's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Hebron, TN: equally priced homes
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- Hornsby, TN: higher priced homes
- Teague, TN: less expensive homes
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- Fayette Corners, TN: equally priced homes
Cities with Similar Populations
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- Heber, CA: higher priced homes
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