The Most Affordable Neighborhoods in Kerrville, TN by Home Value

 

Kerrville, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Kerrville area can be challenging. Home prices in Kerrville are now at a median cost of $164,413, lower than the Tennessee average of $218,916.

The average cost of rent is $975/mo in Kerrville, primarily driven by the current value of real estate in the Kerrville area. While nearly 43.59% of residents own their homes outright in Kerrville, 24.49% rent.

Housing affordability isn’t just about home prices, though. The average household income in Kerrville is $5,317 per month. Households that rent pay about 18.34% of their income on rent here. Kerrville's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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