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Affordable
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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 $143,242, lower than the Tennessee average of $315,131.
The average cost of rent is $883/mo in Bolivar, primarily driven by the current value of real estate in the Bolivar area. In Bolivar, 35.50% of households rent, and 31.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bolivar is $3,686 per month. Households that rent pay about 23.95% of their income on rent here. Bolivar’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hebron, TN: less expensive homes
- Shandy, TN: higher priced homes
- Toone, TN: less expensive homes
- Lisbon, TN: less expensive homes
- Hickory Valley, TN: equally priced homes
- Whiteville, TN: less expensive homes
- Hornsby, TN: higher priced homes
- Teague, TN: equally priced homes
- Vildo, TN: less expensive homes
- Fayette Corners, TN: less expensive homes
Cities with Similar Populations
- Hensley, AR: higher priced homes
- Hartland, MI: higher priced homes
- Roseland, NJ: higher priced homes
- Hawkinsville, GA: higher priced homes
- Hawthorne, FL: higher priced homes
- Hayden, AL: higher priced homes
- Hayesville, NC: higher priced homes
- Rogersville, AL: higher priced homes
- Hearne, TX: higher priced homes
- Heber, CA: higher priced homes
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