The Most Affordable Neighborhoods in Chestnut Bluff, TN by Home Value

 

Chestnut Bluff, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Chestnut Bluff area can be challenging. Home prices in Chestnut Bluff are now at a median cost of $83,764, lower than the Tennessee average of $218,916.

The average cost of rent is $703/mo in Chestnut Bluff, primarily driven by the current value of real estate in the Chestnut Bluff area. While nearly 63.50% of residents own their homes outright in Chestnut Bluff, 30.40% rent.

Housing affordability isn’t just about home prices, though. The average household income in Chestnut Bluff is $3,894 per month. Households that rent pay about 18.04% of their income on rent here. Chestnut Bluff's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.


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