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These days, finding an affordable place to live in the Dresden area can be challenging. Home prices in Dresden are now at a median cost of $139,731, lower than the Tennessee average of $315,131.
The average cost of rent is $703/mo in Dresden, primarily driven by the current value of real estate in the Dresden area. In Dresden, 27.25% of households rent, and 39.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dresden is $3,855 per month. Households that rent pay about 18.23% of their income on rent here. Dresden’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ore Spring, TN: higher priced homes
- Hyndsver, TN: higher priced homes
- Jewell, TN: less expensive homes
- Ralston, TN: higher priced homes
- Gleason, TN: equally priced homes
- Sharon, TN: less expensive homes
- Martin, TN: higher priced homes
- Mount Herman, TN: less expensive homes
- Tumbling, TN: equally priced homes
- Greenfield, TN: less expensive homes
Cities with Similar Populations
- Pearl Harbor, HI: higher priced homes
- Oxford, ME: higher priced homes
- Oxford, NJ: higher priced homes
- Baker, FL: higher priced homes
- Bakersville, NC: higher priced homes
- Bald Knob, AR: less expensive homes
- Baldwin, GA: higher priced homes
- Balm, FL: higher priced homes
- Paxton, IL: less expensive homes
- Bar Harbor, ME: higher priced homes
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