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These days, finding an affordable place to live in the Center Hill area can be challenging. Home prices in Center Hill are now at a median cost of $315,000, lower than the Tennessee average of $315,131.
The average cost of rent is $1,288/mo in Center Hill, primarily driven by the current value of real estate in the Center Hill area. In Center Hill, 17.38% of households rent, and 68.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Center Hill is $6,133 per month. Households that rent pay about 21.00% of their income on rent here. Center Hill’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
- Blue Hill, TN: less expensive homes
- Woodbury, TN: less expensive homes
- Pleasant Ridge, TN: less expensive homes
- Lucky, TN: less expensive homes
- Centertown, TN: less expensive homes
- Bethel, TN: less expensive homes
- Bradyville, TN: less expensive homes
- Porterfield, TN: higher priced homes
- Auburntown, TN: equally priced homes
- Liberty, TN: less expensive homes
Cities with Similar Populations
- Riverside, MI: higher priced homes
- Hudson, LA: less expensive homes
- Hull, WV: less expensive homes
- Hummels Wharf, PA: less expensive homes
- Sherack, MN: less expensive homes
- Hunter, KS: less expensive homes
- Shanghai City, IL: less expensive homes
- Serena, LA: less expensive homes
- Selma, OH: less expensive homes
- Rock Creek, IL: less expensive homes
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