The Most Affordable Neighborhoods in McIllwain, TN by Home Value

These days, finding an affordable place to live in the McIllwain area can be challenging. Home prices in McIllwain are now at a median cost of $135,956, lower than the Tennessee average of $315,131.

The average cost of rent is $943/mo in McIllwain, primarily driven by the current value of real estate in the McIllwain area. In McIllwain, 11.75% of households rent, and 60.96% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in McIllwain is $4,376 per month. Households that rent pay about 21.56% of their income on rent here. McIllwain’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern 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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