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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 $224,623, lower than the Tennessee average of $315,131.
The average cost of rent is $1,118/mo in Kerrville, primarily driven by the current value of real estate in the Kerrville area. In Kerrville, 21.13% of households rent, and 38.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kerrville is $6,294 per month. Households that rent pay about 17.76% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Drummonds, TN: equally priced homes
- Munford, TN: equally priced homes
- Millington, TN: equally priced homes
- Atoka, TN: higher priced homes
- Cuba, TN: higher priced homes
- Flatwood, TN: higher priced homes
- Gilt Edge, TN: less expensive homes
- Locke, TN: higher priced homes
- Brighton, TN: equally priced homes
- Burlison, TN: less expensive homes
Cities with Similar Populations
- Waneta, KY: less expensive homes
- Barnes, KS: less expensive homes
- Basin, MT: higher priced homes
- Bass, KY: less expensive homes
- Bear Creek, PA: higher priced homes
- Belgium, IL: less expensive homes
- Wahpeton, IA: higher priced homes
- Waino, WI: equally priced homes
- Waiteville, WV: less expensive homes
- Wakenva, VA: less expensive homes
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