Expensive
Affordable
Affordable
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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 $136,300, lower than the Tennessee average of $315,131.
The average cost of rent is $632/mo in Gibbs, primarily driven by the current value of real estate in the Gibbs area. In Gibbs, 55.34% of households rent, and 35.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gibbs is $2,560 per month. Households that rent pay about 24.68% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: less expensive homes
- Mount Pelia, TN: higher priced homes
- McConnell, TN: higher priced homes
- Woodland Mills, TN: equally priced homes
- Cayce, KY: higher priced homes
Cities with Similar Populations
- Wateree, SC: less expensive homes
- Anoka, IN: higher priced homes
- Arkmo, MO: less expensive homes
- Winona, MI: equally priced homes
- Plantation Island, FL: higher priced homes
- Pigeon, PA: less expensive homes
- Pleasant Hill, PA: higher priced homes
- Pleasanton, NM: equally priced homes
- Plunketts, AR: less expensive homes
- Point Mugu Nawc, CA: higher priced homes
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