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These days, finding an affordable place to live in the Cumberland Furnace area can be challenging. Home prices in Cumberland Furnace are now at a median cost of $268,758, lower than the Tennessee average of $315,131.
The average cost of rent is $872/mo in Cumberland Furnace, primarily driven by the current value of real estate in the Cumberland Furnace area. In Cumberland Furnace, 17.97% of households rent, and 52.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cumberland Furnace is $5,517 per month. Households that rent pay about 15.80% of their income on rent here. Cumberland Furnace’s most expensive areas are in the northeastern 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
- Slayden, TN: equally priced homes
- Cunningham, TN: less expensive homes
- Stayton, TN: equally priced homes
- Louise, TN: less expensive homes
- Vanleer, TN: equally priced homes
- Southside, TN: higher priced homes
- Liverwort, TN: higher priced homes
- Ellis Mills, TN: less expensive homes
- Round Pond, TN: less expensive homes
- Charlotte, TN: equally priced homes
Cities with Similar Populations
- Dania, FL: higher priced homes
- Le Roy, MI: less expensive homes
- Johnsonburg, PA: less expensive homes
- Gorham, NH: less expensive homes
- Vinton, OH: less expensive homes
- Crimora, VA: less expensive homes
- Council Grove, KS: less expensive homes
- Washington, LA: less expensive homes
- Bloomsdale, MO: equally priced homes
- Allenton, MI: higher priced homes
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