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Affordable
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These days, finding an affordable place to live in the Broadway area can be challenging. Home prices in Broadway are now at a median cost of $220,139, lower than the Tennessee average of $315,131.
The average cost of rent is $840/mo in Broadway, primarily driven by the current value of real estate in the Broadway area. In Broadway, 35.77% of households rent, and 63.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Broadway is $4,801 per month. Households that rent pay about 17.49% of their income on rent here. Broadway’s most expensive areas are in the northwestern 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
- Lexington, TN: less expensive homes
- Huron, TN: equally priced homes
- Palestine, TN: less expensive homes
- Timberlake, TN: less expensive homes
- Warrens Bluff, TN: less expensive homes
- Parkers Crossroads, TN: less expensive homes
- Wildersville, TN: less expensive homes
- White Fern, TN: equally priced homes
- Mount Gilead, TN: less expensive homes
- Dollar, TN: less expensive homes
Cities with Similar Populations
- Schaefferstown, PA: higher priced homes
- Stittsville, MI: less expensive homes
- Oak Grove, AR: less expensive homes
- Irvington, WI: higher priced homes
- Nuiqsut, AK: less expensive homes
- Hoyleton, IL: less expensive homes
- Chemung, NY: less expensive homes
- Pine Grove, MI: equally priced homes
- Sidon, MS: less expensive homes
- Collins Chapel, AL: less expensive homes
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