The Most Affordable Neighborhoods in Hickory Flat, TN by Home Value

 

Hickory Flat, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hickory Flat area can be challenging. Home prices in Hickory Flat are now at a median cost of $99,316, lower than the Tennessee average of $218,916.

The average cost of rent is $737/mo in Hickory Flat, primarily driven by the current value of real estate in the Hickory Flat area. While nearly 61.08% of residents own their homes outright in Hickory Flat, 12.48% rent.

Housing affordability isn’t just about home prices, though. The average household income in Hickory Flat is $3,754 per month. Households that rent pay about 19.64% of their income on rent here. Hickory Flat's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.


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