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These days, finding an affordable place to live in the Dunbar area can be challenging. Home prices in Dunbar are now at a median cost of $185,860, lower than the Tennessee average of $315,131.
The average cost of rent is $778/mo in Dunbar, primarily driven by the current value of real estate in the Dunbar area. In Dunbar, 14.66% of households rent, and 61.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dunbar is $4,270 per month. Households that rent pay about 18.22% of their income on rent here. Dunbar’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bath Springs, TN: equally priced homes
- Scotts Hill, TN: less expensive homes
- Decaturville, TN: less expensive homes
- Saltillo, TN: less expensive homes
- Garrett, TN: higher priced homes
- Sardis, TN: less expensive homes
- Middleburg, TN: less expensive homes
- Swift, TN: less expensive homes
- Shady Hill, TN: higher priced homes
- Clifton, TN: less expensive homes
Cities with Similar Populations
- Hitchcock, IN: equally priced homes
- Sprague, MO: equally priced homes
- Spiritwood Lake, ND: higher priced homes
- Spicer City, CA: higher priced homes
- Southard, OK: less expensive homes
- South Oxford, NY: less expensive homes
- South Newcastle, ME: higher priced homes
- Holly Springs, TN: less expensive homes
- Hollands Store, SC: equally priced homes
- Hodges, MT: less expensive homes
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