The Most Affordable Neighborhoods in Jones Mill, TN by Home Value

 

Jones Mill, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Jones Mill area can be challenging. Home prices in Jones Mill are now at a median cost of $149,385, lower than the Tennessee average of $315,131.

The average cost of rent is $585/mo in Jones Mill, primarily driven by the current value of real estate in the Jones Mill area. In Jones Mill, 20.26% of households rent, and 66.83% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Jones Mill is $3,794 per month. Households that rent pay about 15.43% of their income on rent here. Jones Mill’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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