The Most Affordable Neighborhoods in Centerville, TN by Home Value

These days, finding an affordable place to live in the Centerville area can be challenging. Home prices in Centerville are now at a median cost of $214,372, lower than the Tennessee average of $315,131.

The average cost of rent is $938/mo in Centerville, primarily driven by the current value of real estate in the Centerville area. In Centerville, 25.54% of households rent, and 52.23% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Centerville is $5,672 per month. Households that rent pay about 16.53% of their income on rent here. Centerville’s most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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