Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morgan Springs area can be challenging. Home prices in Morgan Springs are now at a median cost of $140,021, lower than the Tennessee average of $218,916.
The average cost of rent is $769/mo in Morgan Springs, primarily driven by the current value of real estate in the Morgan Springs area. While nearly 47.54% of residents own their homes outright in Morgan Springs, 16.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morgan Springs is $4,217 per month. Households that rent pay about 18.25% of their income on rent here. Morgan Springs's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Cumberland Springs, TN: equally priced homes
- Summer City, TN: higher priced homes
- New Harmony, TN: higher priced homes
- Ogden, TN: less expensive homes
- Dayton, TN: equally priced homes
- Nine Mile, TN: higher priced homes
- Evensville, TN: higher priced homes
- Watts Bar Dam, TN: higher priced homes
- Cold Spring, TN: equally priced homes
- Milo, TN: less expensive homes
Cities with Similar Populations
- Woodington, OH: equally priced homes
- Jeddo, TX: higher priced homes
- Jefferson, IN: equally priced homes
- Jefferson Island, LA: higher priced homes
- Jenson, AR: less expensive homes
- Zemuly, MS: less expensive homes
- Kedron, TN: higher priced homes
- Yaleville, NY: less expensive homes
- Wyldwood, TX: higher priced homes
- Woodville, NY: equally priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood