
Home Price Key
These days, finding an affordable place to live in the Madisonville area can be challenging. Home prices in Madisonville are now at a median cost of $156,611, lower than the Tennessee average of $218,916.
The average cost of rent is $697/mo in Madisonville, primarily driven by the current value of real estate in the Madisonville area. While nearly 54.19% of residents own their homes outright in Madisonville, 28.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Madisonville is $3,512 per month. Households that rent pay about 19.84% of their income on rent here. Madisonville's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Mount Vernon, TN: less expensive homes
- Hiwassee College, TN: equally priced homes
- Hopewell Springs, TN: higher priced homes
- Gudger, TN: equally priced homes
- Big Creek, TN: equally priced homes
- Rockville, TN: higher priced homes
- Lakeside, TN: higher priced homes
- Sweetwater, TN: less expensive homes
- Vonore, TN: higher priced homes
- Nonaburg, TN: less expensive homes
Cities with Similar Populations
- Tarboro, NC: less expensive homes
- Denver, PA: higher priced homes
- Detroit Lakes, MN: higher priced homes
- Dillon, SC: less expensive homes
- Dranesville, VA: higher priced homes
- Dunmore, PA: higher priced homes
- Durham, NH: higher priced homes
- Star, ID: higher priced homes
- Stone Ridge, VA: higher priced homes
- Sun Lakes, AZ: higher priced homes
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