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Affordable
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These days, finding an affordable place to live in the Cookeville area can be challenging. Home prices in Cookeville are now at a median cost of $280,250, lower than the Tennessee average of $315,131.
The average cost of rent is $963/mo in Cookeville, primarily driven by the current value of real estate in the Cookeville area. In Cookeville, 41.57% of households rent, and 42.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cookeville is $5,034 per month. Households that rent pay about 19.12% of their income on rent here. Cookeville’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Algood, TN: equally priced homes
- Bloomington Springs, TN: less expensive homes
- Freewill, TN: less expensive homes
- Baxter, TN: less expensive homes
- Twin Oak, TN: less expensive homes
- Board Valley, TN: less expensive homes
- Rickman, TN: less expensive homes
- Sand Springs, TN: higher priced homes
- Yankeetown, TN: less expensive homes
- Sadler, TN: less expensive homes
Cities with Similar Populations
- Clermont, FL: higher priced homes
- Goose Creek, SC: equally priced homes
- North Richland Hills, TX: higher priced homes
- North Little Rock, AR: less expensive homes
- Lorain, OH: less expensive homes
- San Luis Obispo, CA: higher priced homes
- San Pablo, CA: higher priced homes
- Hanford, CA: higher priced homes
- Grants Pass, OR: higher priced homes
- Gilroy, CA: higher priced homes
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