The Most Affordable Neighborhoods in Fruitland, TN by Home Value

These days, finding an affordable place to live in the Fruitland area can be challenging. Home prices in Fruitland are now at a median cost of $122,838, lower than the Tennessee average of $315,131.

The average cost of rent is $874/mo in Fruitland, primarily driven by the current value of real estate in the Fruitland area. In Fruitland, 27.90% of households rent, and 66.07% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Fruitland is $5,630 per month. Households that rent pay about 15.52% of their income on rent here. Fruitland’s most expensive areas are in the southeastern 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.

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