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These days, finding an affordable place to live in the Jasper area can be challenging. Home prices in Jasper are now at a median cost of $200,384, lower than the Tennessee average of $315,131.
The average cost of rent is $916/mo in Jasper, primarily driven by the current value of real estate in the Jasper area. In Jasper, 17.75% of households rent, and 53.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jasper is $5,456 per month. Households that rent pay about 16.78% of their income on rent here. Jasper’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Glover Hill, TN: higher priced homes
- Kimball, TN: higher priced homes
- Guild, TN: higher priced homes
- New Hope, TN: less expensive homes
- Sequatchie, TN: higher priced homes
- South Pittsburg, TN: equally priced homes
- Long Island, AL: equally priced homes
- Whiteside, TN: higher priced homes
- Richard City, TN: less expensive homes
- Sulphur Springs, TN: equally priced homes
Cities with Similar Populations
- Wayne, NE: higher priced homes
- California, MO: less expensive homes
- Calipatria, CA: equally priced homes
- Calistoga, CA: higher priced homes
- Calvert City, KY: less expensive homes
- Calverton, MD: higher priced homes
- Calverton, NY: higher priced homes
- Cameron, TX: less expensive homes
- Cannon Falls, MN: higher priced homes
- Carlinville, IL: less expensive homes
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