The Most Affordable Neighborhoods in Glen Alice, TN by Home Value

 

Glen Alice, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Glen Alice area can be challenging. Home prices in Glen Alice are now at a median cost of $84,019, lower than the Tennessee average of $218,916.

The average cost of rent is $596/mo in Glen Alice, primarily driven by the current value of real estate in the Glen Alice area. While nearly 66.11% of residents own their homes outright in Glen Alice, 35.82% rent.

Housing affordability isn’t just about home prices, though. The average household income in Glen Alice is $3,210 per month. Households that rent pay about 18.58% of their income on rent here. Glen Alice's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.


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