The Most Affordable Neighborhoods in Clay County, TN by Home Value

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These days, finding an affordable place to live in the Clay County area can be challenging. Home prices in Clay County are now at a median cost of $120,663, lower than the Tennessee average of $218,916.

The average cost of rent is $553/mo in Clay County, primarily driven by the current value of real estate in the Clay County area. While nearly 73.40% of residents own their homes outright in Clay County, 20.45% rent.

Housing affordability isn’t just about home prices, though. The average household income in Clay County is $3,168 per month. Households that rent pay about 17.45% of their income on rent here. Clay County's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the county.

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