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These days, finding an affordable place to live in the Grimsley area can be challenging. Home prices in Grimsley are now at a median cost of $188,654, lower than the Tennessee average of $315,131.
The average cost of rent is $1,142/mo in Grimsley, primarily driven by the current value of real estate in the Grimsley area. In Grimsley, 12.87% of households rent, and 37.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grimsley is $5,023 per month. Households that rent pay about 22.74% of their income on rent here. Grimsley’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Clarkrange, TN: less expensive homes
- Roslin, TN: less expensive homes
- Wilder, TN: equally priced homes
- Muddy Pond, TN: equally priced homes
- Crawford, TN: less expensive homes
- Manson, TN: equally priced homes
- Shirley, TN: less expensive homes
- Glades, TN: equally priced homes
- Deer Lodge, TN: less expensive homes
- High Point, TN: less expensive homes
Cities with Similar Populations
- La Center, KY: less expensive homes
- Naples, ID: higher priced homes
- Medicine Park, OK: higher priced homes
- Masontown, WV: less expensive homes
- Marion, PA: higher priced homes
- Marine, IL: higher priced homes
- Los Ybanez, TX: less expensive homes
- Little Rock Air Force Base, AR: equally priced homes
- Aberdeen Proving Ground, MD: higher priced homes
- Norway, SC: less expensive homes
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