The Most Affordable Neighborhoods in Gillises Mills, TN by Home Value

These days, finding an affordable place to live in the Gillises Mills area can be challenging. Home prices in Gillises Mills are now at a median cost of $128,629, lower than the Tennessee average of $315,131.

The average cost of rent is $733/mo in Gillises Mills, primarily driven by the current value of real estate in the Gillises Mills area. In Gillises Mills, 13.52% of households rent, and 63.09% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Gillises Mills is $4,312 per month. Households that rent pay about 17.00% of their income on rent here. Gillises Mills’s most expensive areas are in the eastern regions, while the cheapest areas are in the central 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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