Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the McDonald area can be challenging. Home prices in McDonald are now at a median cost of $208,009, lower than the Tennessee average of $218,916.
The average cost of rent is $762/mo in McDonald, primarily driven by the current value of real estate in the McDonald area. While nearly 47.60% of residents own their homes outright in McDonald, 14.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in McDonald is $5,664 per month. Households that rent pay about 13.45% of their income on rent here. McDonald's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Mineral Park, TN: equally priced homes
- Pine Hill, TN: higher priced homes
- South Cleveland, TN: less expensive homes
- Ooltewah, TN: higher priced homes
- Collegedale, TN: higher priced homes
- Harrison, TN: equally priced homes
- Cleveland, TN: equally priced homes
- Apison, TN: higher priced homes
- Lakesite, TN: higher priced homes
- Middle Valley, TN: equally priced homes
Cities with Similar Populations
- Luverne, MN: less expensive homes
- Malden, MO: less expensive homes
- Maize, KS: equally priced homes
- Madison, ME: less expensive homes
- Madill, OK: less expensive homes
- Macon, MS: less expensive homes
- Mackinaw, IL: less expensive homes
- Lyons, NY: less expensive homes
- Lyndonville, VT: less expensive homes
- Lyncourt, NY: less expensive homes
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