The Most Affordable Neighborhoods in Grassy Cove, TN by Home Value

 

Grassy Cove, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Grassy Cove area can be challenging. Home prices in Grassy Cove are now at a median cost of $267,857, lower than the Tennessee average of $315,131.

The average cost of rent is $863/mo in Grassy Cove, primarily driven by the current value of real estate in the Grassy Cove area. In Grassy Cove, 11.34% of households rent, and 60.70% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Grassy Cove is $5,866 per month. Households that rent pay about 14.71% of their income on rent here. Grassy Cove’s most expensive areas are in the central regions, while the cheapest areas are in the eastern 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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