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Affordable
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These days, finding an affordable place to live in the Bunker Hill area can be challenging. Home prices in Bunker Hill are now at a median cost of $271,333, lower than the Tennessee average of $315,131.
The average cost of rent is $972/mo in Bunker Hill, primarily driven by the current value of real estate in the Bunker Hill area. In Bunker Hill, 16.83% of households rent, and 47.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bunker Hill is $6,311 per month. Households that rent pay about 15.41% of their income on rent here. Bunker Hill’s most expensive areas are in the northern 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
- Pisgah, TN: less expensive homes
- Dellrose, TN: higher priced homes
- Frankewing, TN: higher priced homes
- Aymett Town, TN: higher priced homes
- Elkton, TN: equally priced homes
- Baugh, TN: less expensive homes
- Beech Hill, TN: higher priced homes
- Tarpley, TN: less expensive homes
- Sumac, TN: higher priced homes
- Ardmore, TN: equally priced homes
Cities with Similar Populations
- Caylor, VA: less expensive homes
- Reynolds, MO: less expensive homes
- Dollar, TN: less expensive homes
- Desha, VA: less expensive homes
- South Hope, ME: less expensive homes
- Stanfield, TN: less expensive homes
- Corwith, IA: less expensive homes
- Correll, MN: less expensive homes
- Corn Valley, VA: less expensive homes
- Three Rocks, CA: less expensive homes
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