Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mill Spring area can be challenging. Home prices in Mill Spring are now at a median cost of $173,100, lower than the Tennessee average of $218,916.
The average cost of rent is $484/mo in Mill Spring, primarily driven by the current value of real estate in the Mill Spring area. While nearly 47.62% of residents own their homes outright in Mill Spring, 19.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mill Spring is $3,495 per month. Households that rent pay about 13.85% of their income on rent here. Mill Spring's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Friends Station, TN: less expensive homes
- Perrin Hollow, TN: equally priced homes
- Jefferson City, TN: equally priced homes
- New Market, TN: equally priced homes
- Richland, TN: equally priced homes
- Rutledge, TN: less expensive homes
- Talbott, TN: less expensive homes
- Blaine, TN: equally priced homes
- Wa-Ni Village, TN: equally priced homes
- Powder Springs, TN: less expensive homes
Cities with Similar Populations
- Red Rock, MN: higher priced homes
- Renfrow, OK: less expensive homes
- Renfroe, GA: less expensive homes
- Remmel, AR: less expensive homes
- Reighmoor, WI: higher priced homes
- Reed, AR: less expensive homes
- Ree Heights, SD: less expensive homes
- Redlawn, VA: higher priced homes
- Redland, LA: higher priced homes
- Reno, IN: higher priced homes
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