The Most Affordable Neighborhoods in Del Rio, TN by Home Value

These days, finding an affordable place to live in the Del Rio area can be challenging. Home prices in Del Rio are now at a median cost of $136,574, lower than the Tennessee average of $315,131.

The average cost of rent is $632/mo in Del Rio, primarily driven by the current value of real estate in the Del Rio area. In Del Rio, 21.54% of households rent, and 70.22% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Del Rio is $3,412 per month. Households that rent pay about 18.52% of their income on rent here. Del Rio’s most expensive areas are in the northwestern 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.

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