Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chapel Hill area can be challenging. Home prices in Chapel Hill are now at a median cost of $213,049, lower than the Tennessee average of $218,916.
The average cost of rent is $1,077/mo in Chapel Hill, primarily driven by the current value of real estate in the Chapel Hill area. While nearly 33.07% of residents own their homes outright in Chapel Hill, 18.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chapel Hill is $5,794 per month. Households that rent pay about 18.59% of their income on rent here. Chapel Hill's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Thick, TN: higher priced homes
- Hardison Mill, TN: higher priced homes
- Rover, TN: equally priced homes
- Holts Corner, TN: higher priced homes
- Pottsville, TN: higher priced homes
- Verona, TN: equally priced homes
- Farmington, TN: less expensive homes
- Leftwich, TN: higher priced homes
- Berlin, TN: equally priced homes
- Taylor Crossroads, TN: higher priced homes
Cities with Similar Populations
- Pelham, NY: higher priced homes
- Medina, TN: less expensive homes
- Mendenhall, MS: less expensive homes
- Mendota, IL: less expensive homes
- Mercersburg, PA: equally priced homes
- Middleborough Center, MA: higher priced homes
- Midway, GA: less expensive homes
- Park City, KS: less expensive homes
- Parkton, NC: less expensive homes
- Pasadena Hills, FL: equally priced homes
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