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These days, finding an affordable place to live in the Cold Spring area can be challenging. Home prices in Cold Spring are now at a median cost of $156,802, lower than the Tennessee average of $315,131.
The average cost of rent is $818/mo in Cold Spring, primarily driven by the current value of real estate in the Cold Spring area. In Cold Spring, 12.75% of households rent, and 68.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cold Spring is $3,476 per month. Households that rent pay about 23.53% of their income on rent here. Cold Spring’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Emery Mill, TN: higher priced homes
- Pikeville, TN: higher priced homes
- Nine Mile, TN: less expensive homes
- Mount Crest, TN: higher priced homes
- Summer City, TN: less expensive homes
- Melvine, TN: higher priced homes
- Milo, TN: higher priced homes
- Morgan Springs, TN: higher priced homes
- Sampson, TN: equally priced homes
- New Harmony, TN: less expensive homes
Cities with Similar Populations
- Morrison, WI: higher priced homes
- Nuyaka, OK: higher priced homes
- North Wolcott, NY: less expensive homes
- North Dardanelle, AR: higher priced homes
- North Bend, PA: less expensive homes
- Newberry, IN: higher priced homes
- New Richmond, WV: less expensive homes
- New Brunswick, IN: higher priced homes
- Nevins, IL: equally priced homes
- Nebo Center, CA: higher priced homes
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