Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Decatur area can be challenging. Home prices in Decatur are now at a median cost of $154,126, lower than the Tennessee average of $218,916.
The average cost of rent is $833/mo in Decatur, primarily driven by the current value of real estate in the Decatur area. While nearly 56.62% of residents own their homes outright in Decatur, 25.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Decatur is $4,363 per month. Households that rent pay about 19.08% of their income on rent here. Decatur's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Goodfield, TN: equally priced homes
- Forest Grove, TN: less expensive homes
- Evensville, TN: equally priced homes
- Tranquillity, TN: equally priced homes
- Watts Bar Dam, TN: higher priced homes
- Clearwater, TN: equally priced homes
- Peakland, TN: less expensive homes
- Pennine, TN: less expensive homes
- Dayton, TN: less expensive homes
- Cumberland Springs, TN: equally priced homes
Cities with Similar Populations
- Liberty, KY: less expensive homes
- Landisville, PA: higher priced homes
- Lansing, NY: higher priced homes
- Larkspur, CO: higher priced homes
- Warren, AR: less expensive homes
- Lauderdale-by-the-Sea, FL: higher priced homes
- Lawton, MI: higher priced homes
- Le Roy, NY: less expensive homes
- Lebanon, IL: higher priced homes
- Lebanon, ME: higher priced homes
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