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Affordable
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These days, finding an affordable place to live in the Busby area can be challenging. Home prices in Busby are now at a median cost of $178,498, lower than the Tennessee average of $315,131.
The average cost of rent is $717/mo in Busby, primarily driven by the current value of real estate in the Busby area. In Busby, 14.01% of households rent, and 49.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Busby is $5,119 per month. Households that rent pay about 14.01% of their income on rent here. Busby’s most expensive areas are in the central 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
- Loretto, TN: equally priced homes
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- St. Joseph, TN: equally priced homes
- Leoma, TN: higher priced homes
- Westpoint, TN: higher priced homes
- Bonnertown, TN: equally priced homes
- Mount Nebo, TN: equally priced homes
- Five Points, TN: equally priced homes
Cities with Similar Populations
- Ah Gwah Ching, MN: higher priced homes
- Alcoa Center, PA: higher priced homes
- Lamont, TN: higher priced homes
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- Somerville, ME: higher priced homes
- Soldier, ID: higher priced homes
- Las Cruces, CA: higher priced homes
- Laurel Dale, WV: higher priced homes
- Snipesville, GA: equally priced homes
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