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These days, finding an affordable place to live in the Griffith area can be challenging. Home prices in Griffith are now at a median cost of $144,122, lower than the Tennessee average of $315,131.
The average cost of rent is $850/mo in Griffith, primarily driven by the current value of real estate in the Griffith area. In Griffith, 13.21% of households rent, and 64.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Griffith is $5,854 per month. Households that rent pay about 14.52% of their income on rent here. Griffith’s most expensive areas are in the central 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.
Nearby Cities
- Ramer, TN: higher priced homes
- Chewalla, TN: equally priced homes
- Eastview, TN: higher priced homes
- Guys, TN: equally priced homes
- Wenasoga, MS: less expensive homes
- Selmer, TN: higher priced homes
- Hightown, MS: less expensive homes
- Pocahontas, TN: equally priced homes
- Corinth, MS: equally priced homes
- Michie, TN: higher priced homes
Cities with Similar Populations
- Denton, KS: higher priced homes
- Sparks, NE: less expensive homes
- Speed, IN: higher priced homes
- Speedsville, NY: equally priced homes
- Satterfield, PA: higher priced homes
- Sardis, OK: less expensive homes
- Gillett Grove, IA: equally priced homes
- Speidel, OH: higher priced homes
- Cayton, NC: higher priced homes
- St. Patrick, MO: equally priced homes
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