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These days, finding an affordable place to live in the Farner area can be challenging. Home prices in Farner are now at a median cost of $158,800, lower than the Tennessee average of $315,131.
The average cost of rent is $589/mo in Farner, primarily driven by the current value of real estate in the Farner area. In Farner, 13.45% of households rent, and 71.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Farner is $3,062 per month. Households that rent pay about 19.24% of their income on rent here. Farner’s most expensive areas are in the central 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
- Turtletown, TN: higher priced homes
- Oak Park, NC: higher priced homes
- Violet, NC: higher priced homes
- Vests, NC: higher priced homes
- Ducktown, TN: equally priced homes
- Towee, TN: less expensive homes
- Copperhill, TN: equally priced homes
- Reliance, TN: less expensive homes
- Ogreeta, NC: higher priced homes
- Smithfield, TN: higher priced homes
Cities with Similar Populations
- Lucky Ridge, TX: higher priced homes
- Shades Glen, PA: higher priced homes
- Sennett, NY: higher priced homes
- Scottsboro, GA: less expensive homes
- Scott, OH: equally priced homes
- Schwab City, TX: higher priced homes
- Schofield Barracks, HI: higher priced homes
- Savoy, MA: higher priced homes
- Macon, TX: higher priced homes
- Lupton, AZ: less expensive homes
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