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These days, finding an affordable place to live in the Cuba area can be challenging. Home prices in Cuba are now at a median cost of $221,168, higher than the Tennessee average of $218,916.
The average cost of rent is $1,103/mo in Cuba, primarily driven by the current value of real estate in the Cuba area. While nearly 48.69% of residents own their homes outright in Cuba, 15.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cuba is $5,935 per month. Households that rent pay about 18.59% of their income on rent here. Cuba'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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