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These days, finding an affordable place to live in the Davis Chapel area can be challenging. Home prices in Davis Chapel are now at a median cost of $134,248, lower than the Tennessee average of $315,131.
The average cost of rent is $842/mo in Davis Chapel, primarily driven by the current value of real estate in the Davis Chapel area. In Davis Chapel, 26.87% of households rent, and 64.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Davis Chapel is $4,861 per month. Households that rent pay about 17.32% of their income on rent here. Davis Chapel’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hico, TN: equally priced homes
- Leach, TN: equally priced homes
- Huntingdon, TN: higher priced homes
- Clarksburg, TN: higher priced homes
- Rosser, TN: equally priced homes
- Cedar Grove, TN: higher priced homes
- Yuma, TN: equally priced homes
- Buena Vista, TN: less expensive homes
- Howley, TN: higher priced homes
- Westport, TN: equally priced homes
Cities with Similar Populations
- Petteway, TX: higher priced homes
- Mays, IN: higher priced homes
- McComas, WV: less expensive homes
- McCracken, KS: less expensive homes
- Mcgrew, NE: higher priced homes
- Medicine Bow, WY: equally priced homes
- Mentor, KY: higher priced homes
- Michigan City, ND: less expensive homes
- Millburne, WY: higher priced homes
- Milledgeville, PA: higher priced homes
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