Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Germantown area can be challenging. Home prices in Germantown are now at a median cost of $805,947, higher than the Nashville average of $464,644.
The average cost of rent is $2,111/mo in Germantown, primarily driven by the current value of real estate in the Germantown area. In Germantown, 78.46% of households rent, and 22.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Germantown is $9,220 per month. Households that rent pay about 22.90% of their income on rent here. Germantown’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Downtown Nashville, Nashville, TN: less expensive homes
- Fisk-Meharry, Nashville, TN: less expensive homes
- McFerrin Park, Nashville, TN: less expensive homes
- The Gulch, Nashville, TN: less expensive homes
- Historic Edgefield, Nashville, TN: less expensive homes
- Midtown-Nashville, Nashville, TN: less expensive homes
- Vanderbilt-West End, Nashville, TN: equally priced homes
- Edgehill, Nashville, TN: higher priced homes
- Haynes Area, Nashville, TN: less expensive homes
- Talbot's Corner, Nashville, TN: less expensive homes
Neighborhoods with Similar Populations
- Garden Home-Raleigh Hills, Portland, OR: equally priced homes
- Wendover-Sedgewood, Charlotte, NC: higher priced homes
- Holly, Austin, TX: less expensive homes
- Highland Park, Aurora, CO: less expensive homes
- Heistand, Madison, WI: less expensive homes
- Hedrick Acres, Tucson, AZ: less expensive homes
- West Laurel, Laurel, MD: less expensive homes
- Harbordale, Fort Lauderdale, FL: less expensive homes
- West Mt. Scott, Happy Valley, OR: less expensive homes
- Glennon Heights, Lakewood, CO: less expensive homes
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