Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gibbs area can be challenging. Home prices in Gibbs are now at a median cost of $90,000, lower than the Tennessee average of $218,916.
The average cost of rent is $520/mo in Gibbs, primarily driven by the current value of real estate in the Gibbs area. While nearly 35.32% of residents own their homes outright in Gibbs, 57.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gibbs is $2,314 per month. Households that rent pay about 22.48% of their income on rent here. Gibbs's most expensive areas are in the northern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Harris, TN: higher priced homes
- Union City, TN: higher priced homes
- Terrell, TN: higher priced homes
- Rives, TN: higher priced homes
- Gardner, TN: higher priced homes
- South Fulton, TN: higher priced homes
- Mount Pelia, TN: higher priced homes
- McConnell, TN: higher priced homes
- Woodland Mills, TN: higher priced homes
- Cayce, KY: higher priced homes
Cities with Similar Populations
- Wateree, SC: equally priced homes
- Anoka, IN: higher priced homes
- Arkmo, MO: less expensive homes
- Winona, MI: higher priced homes
- Plantation Island, FL: higher priced homes
- Pigeon, PA: higher priced homes
- Pleasant Hill, PA: higher priced homes
- Pleasanton, NM: higher priced homes
- Plunketts, AR: higher priced homes
- Point Mugu Nawc, CA: higher priced homes
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