Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morrison area can be challenging. Home prices in Morrison are now at a median cost of $152,931, lower than the Tennessee average of $218,916.
The average cost of rent is $760/mo in Morrison, primarily driven by the current value of real estate in the Morrison area. While nearly 48.40% of residents own their homes outright in Morrison, 17.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morrison is $4,462 per month. Households that rent pay about 17.03% of their income on rent here. Morrison's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Hiawassee, TN: less expensive homes
- Shady Grove, TN: equally priced homes
- Sainville, TN: higher priced homes
- Viola, TN: less expensive homes
- Bethany, TN: less expensive homes
- Centertown, TN: equally priced homes
- Mount Zion, TN: less expensive homes
- Ragsdale, TN: higher priced homes
- McMinnville, TN: less expensive homes
- Bradyville, TN: higher priced homes
Cities with Similar Populations
- Fussels Corner, FL: less expensive homes
- Fouke, AR: less expensive homes
- Fountainhead-Orchard Hills, MD: higher priced homes
- Four Corners, MT: higher priced homes
- Fox Chapel, PA: higher priced homes
- Fox River Grove, IL: higher priced homes
- Foxborough, MA: higher priced homes
- Frankfort, OH: equally priced homes
- Freeland, PA: less expensive homes
- Freeland, WA: higher priced homes
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