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 $141,079, lower than the Tennessee average of $218,916.

The average cost of rent is $878/mo in Minor Hill, primarily driven by the current value of real estate in the Minor Hill area. While nearly 47.87% of residents own their homes outright in Minor Hill, 23.53% rent.

Housing affordability isn’t just about home prices, though. The average household income in Minor Hill is $5,329 per month. Households that rent pay about 16.48% of their income on rent here. Minor Hill's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.


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