The Most Affordable Neighborhoods in Foundry Hill, TN by Home Value

These days, finding an affordable place to live in the Foundry Hill area can be challenging. Home prices in Foundry Hill are now at a median cost of $129,406, lower than the Tennessee average of $315,131.

The average cost of rent is $864/mo in Foundry Hill, primarily driven by the current value of real estate in the Foundry Hill area. In Foundry Hill, 8.82% of households rent, and 58.43% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Foundry Hill is $4,828 per month. Households that rent pay about 17.90% of their income on rent here. Foundry Hill’s most expensive areas are in the western regions, while the cheapest areas are in the eastern 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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