Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morris Chapel area can be challenging. Home prices in Morris Chapel are now at a median cost of $137,146, lower than the Tennessee average of $218,916.
The average cost of rent is $648/mo in Morris Chapel, primarily driven by the current value of real estate in the Morris Chapel area. While nearly 42.46% of residents own their homes outright in Morris Chapel, 8.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morris Chapel is $4,215 per month. Households that rent pay about 15.36% of their income on rent here. Morris Chapel's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Bethlehem, TN: equally priced homes
- Milledgeville, TN: less expensive homes
- Crump, TN: equally priced homes
- Adamsville, TN: less expensive homes
- Saltillo, TN: less expensive homes
- Cerro Gordo, TN: equally priced homes
- Savannah, TN: equally priced homes
- Sardis, TN: less expensive homes
- Leapwood, TN: less expensive homes
- Gilchrist, TN: less expensive homes
Cities with Similar Populations
- Echo Lake, NJ: higher priced homes
- Titonka, IA: less expensive homes
- Adah, PA: less expensive homes
- Five Forks, VA: higher priced homes
- Fifield, WI: higher priced homes
- Fairmount City, PA: less expensive homes
- Evant, TX: higher priced homes
- Elm Park, LA: higher priced homes
- Ellison Bay, WI: higher priced homes
- Edenville, MI: higher priced homes
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