Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gainesboro area can be challenging. Home prices in Gainesboro are now at a median cost of $97,892, lower than the Tennessee average of $218,916.
The average cost of rent is $607/mo in Gainesboro, primarily driven by the current value of real estate in the Gainesboro area. While nearly 71.73% of residents own their homes outright in Gainesboro, 20.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gainesboro is $3,026 per month. Households that rent pay about 20.06% of their income on rent here. Gainesboro's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Morrison Creek, TN: higher priced homes
- Freewill, TN: higher priced homes
- Nameless, TN: equally priced homes
- Sugar Creek, TN: less expensive homes
- Whitleyville, TN: higher priced homes
- Granville, TN: equally priced homes
- Bloomington Springs, TN: higher priced homes
- Gladdice, TN: higher priced homes
- Sadler, TN: higher priced homes
- Hilham, TN: higher priced homes
Cities with Similar Populations
- Deville, LA: higher priced homes
- Sweeny, TX: higher priced homes
- Tabor City, NC: higher priced homes
- Oologah, OK: higher priced homes
- Durand, MI: higher priced homes
- Tarrant, AL: equally priced homes
- Drums, PA: higher priced homes
- Taylor Mill, KY: higher priced homes
- Lawson, MO: higher priced homes
- Donalsonville, GA: higher priced homes
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