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These days, finding an affordable place to live in the Hampshire area can be challenging. Home prices in Hampshire are now at a median cost of $224,946, lower than the Tennessee average of $315,131.
The average cost of rent is $752/mo in Hampshire, primarily driven by the current value of real estate in the Hampshire area. In Hampshire, 18.43% of households rent, and 52.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hampshire is $5,431 per month. Households that rent pay about 13.84% of their income on rent here. Hampshire’s most expensive areas are in the southwestern 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
- Isom, TN: equally priced homes
- Mount Joy, TN: equally priced homes
- Mount Pleasant, TN: higher priced homes
- Fikes Mill, TN: higher priced homes
- Williamsport, TN: higher priced homes
- Duck River, TN: less expensive homes
- Red Row, TN: higher priced homes
- Sunrise, TN: less expensive homes
- Swan Bluff, TN: less expensive homes
- Kimmins, TN: equally priced homes
Cities with Similar Populations
- Hillman, MN: higher priced homes
- Sioux Rapids, IA: less expensive homes
- Shelby, NE: equally priced homes
- Scobey, MT: less expensive homes
- Schodack Landing, NY: higher priced homes
- Saulsbury, TN: less expensive homes
- Sand Rock, AL: less expensive homes
- Ridgecrest, SC: less expensive homes
- Kelley, IA: higher priced homes
- Kandiyohi, MN: equally priced homes
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