The Most Affordable Neighborhoods in Minor Hill, TN by Home Value

 

Minor Hill, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Minor Hill area can be challenging. Home prices in Minor Hill are now at a median cost of $212,183, lower than the Tennessee average of $315,131.

The average cost of rent is $920/mo in Minor Hill, primarily driven by the current value of real estate in the Minor Hill area. In Minor Hill, 24.41% of households rent, and 48.07% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Minor Hill is $5,173 per month. Households that rent pay about 17.79% of their income on rent here. Minor Hill’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern 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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