Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mengelwood area can be challenging. Home prices in Mengelwood are now at a median cost of $116,900, lower than the Tennessee average of $218,916.
The average cost of rent is $903/mo in Mengelwood, primarily driven by the current value of real estate in the Mengelwood area. While nearly 44.02% of residents own their homes outright in Mengelwood, 28.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mengelwood is $5,506 per month. Households that rent pay about 16.40% of their income on rent here. Mengelwood's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Lenox, TN: equally priced homes
- Finley, TN: equally priced homes
- Nauvoo, TN: higher priced homes
- Dyersburg, TN: higher priced homes
- Bogota, TN: equally priced homes
- Kinfolks Ridge, MO: higher priced homes
- South Dyersburg, TN: less expensive homes
- Millsfield, TN: higher priced homes
- Fowlkes, TN: less expensive homes
- Caruthersville, MO: equally priced homes
Cities with Similar Populations
- Booktown, OH: higher priced homes
- Brookville, NJ: higher priced homes
- Brookton, ME: less expensive homes
- Brookston, PA: equally priced homes
- Brookside, TN: less expensive homes
- Bray, CA: higher priced homes
- Brasfield, AR: less expensive homes
- Bradbury, TN: higher priced homes
- Borosolvay, CA: less expensive homes
- Brothers, OR: higher priced homes
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