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These days, finding an affordable place to live in the Cedar Grove area can be challenging. Home prices in Cedar Grove are now at a median cost of $178,660, lower than the Tennessee average of $315,131.
The average cost of rent is $849/mo in Cedar Grove, primarily driven by the current value of real estate in the Cedar Grove area. In Cedar Grove, 19.26% of households rent, and 62.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cedar Grove is $5,388 per month. Households that rent pay about 15.76% of their income on rent here. Cedar Grove’s most expensive areas are in the northeastern 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
- Terry, TN: higher priced homes
- Howley, TN: equally priced homes
- Mount Gilead, TN: less expensive homes
- Leach, TN: less expensive homes
- Clarksburg, TN: less expensive homes
- Hickory Flat, TN: equally priced homes
- Lavinia, TN: equally priced homes
- Parkers Crossroads, TN: less expensive homes
- Davis Chapel, TN: less expensive homes
- Concord, TN: less expensive homes
Cities with Similar Populations
- Purdys, NY: higher priced homes
- Crenshaw, MS: less expensive homes
- Derby Line, VT: higher priced homes
- Diggins, MO: higher priced homes
- Dorset, MN: higher priced homes
- East Ellijay, GA: higher priced homes
- East Springfield, PA: less expensive homes
- Elizabeth, IL: less expensive homes
- Elliottsburg, PA: higher priced homes
- Erin, TX: less expensive homes
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