Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the McKenzie area can be challenging. Home prices in McKenzie are now at a median cost of $109,834, lower than the Tennessee average of $218,916.
The average cost of rent is $647/mo in McKenzie, primarily driven by the current value of real estate in the McKenzie area. While nearly 50.53% of residents own their homes outright in McKenzie, 26.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in McKenzie is $4,021 per month. Households that rent pay about 16.10% of their income on rent here. McKenzie's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Macedonia, TN: higher priced homes
- Hinkledale, TN: less expensive homes
- Pillowville, TN: less expensive homes
- Tumbling, TN: equally priced homes
- Gleason, TN: equally priced homes
- Henry, TN: less expensive homes
- Long Rock, TN: equally priced homes
- Trezevant, TN: less expensive homes
- Staffords Store, TN: less expensive homes
- Mixie, TN: equally priced homes
Cities with Similar Populations
- Aurora, MO: equally priced homes
- Ashland, NJ: higher priced homes
- Becker, MN: higher priced homes
- Woodlake, CA: higher priced homes
- Archer Lodge, NC: higher priced homes
- Woodstock, VA: higher priced homes
- Aspen, CO: higher priced homes
- Winters, CA: higher priced homes
- Wyoming, MN: higher priced homes
- Altoona, WI: higher priced homes
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