Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cordova area can be challenging. Home prices in Cordova are now at a median cost of $205,555, lower than the Tennessee average of $218,916.
The average cost of rent is $1,333/mo in Cordova, primarily driven by the current value of real estate in the Cordova area. While nearly 24.62% of residents own their homes outright in Cordova, 42.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cordova is $5,953 per month. Households that rent pay about 22.40% of their income on rent here. Cordova's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Germantown, TN: higher priced homes
- Bartlett, TN: equally priced homes
- Lakeland, TN: higher priced homes
- Eads, TN: higher priced homes
- Arlington, TN: higher priced homes
- Collierville, TN: higher priced homes
- Memphis, TN: less expensive homes
- Piperton, TN: higher priced homes
- Rossville, TN: higher priced homes
- Oakland, TN: equally priced homes
Cities with Similar Populations
- Daly City, CA: higher priced homes
- Cumming, GA: higher priced homes
- Delray Beach, FL: higher priced homes
- Columbus, OH: higher priced homes
- Decatur, IL: less expensive homes
- Cypress, TX: higher priced homes
- Conway, AR: equally priced homes
- Davenport, IA: less expensive homes
- Denham Springs, LA: equally priced homes
- Conyers, GA: less expensive homes
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