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These days, finding an affordable place to live in the Hendersonville area can be challenging. Home prices in Hendersonville are now at a median cost of $475,913, higher than the Tennessee average of $315,131.
The average cost of rent is $1,946/mo in Hendersonville, primarily driven by the current value of real estate in the Hendersonville area. In Hendersonville, 26.49% of households rent, and 29.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hendersonville is $9,233 per month. Households that rent pay about 21.07% of their income on rent here. Hendersonville’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lakewood, TN: equally priced homes
- Old Hickory, TN: less expensive homes
- Goodlettsville, TN: less expensive homes
- Green Hill, TN: less expensive homes
- Madison, TN: less expensive homes
- Millersville, TN: less expensive homes
- Gallatin, TN: less expensive homes
- Laguardo, TN: equally priced homes
- White House, TN: less expensive homes
- Cottontown, TN: equally priced homes
Cities with Similar Populations
- Cheyenne, WY: less expensive homes
- Cicero, IL: less expensive homes
- Charleston, WV: less expensive homes
- Chicago, IL: less expensive homes
- Chesapeake, VA: less expensive homes
- Charleston, SC: equally priced homes
- Cleveland, OH: less expensive homes
- Chattanooga, TN: less expensive homes
- Chula Vista, CA: higher priced homes
- Chico, CA: equally priced homes
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