Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Nebo area can be challenging. Home prices in Mount Nebo are now at a median cost of $76,784, lower than the Tennessee average of $218,916.
The average cost of rent is $535/mo in Mount Nebo, primarily driven by the current value of real estate in the Mount Nebo area. While nearly 55.44% of residents own their homes outright in Mount Nebo, 21.06% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Nebo is $3,232 per month. Households that rent pay about 16.54% of their income on rent here. Mount Nebo's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- St. Joseph, TN: equally priced homes
- Iron City, TN: higher priced homes
- Westpoint, TN: higher priced homes
- Loretto, TN: higher priced homes
- Busby, TN: higher priced homes
- Long Branch, TN: higher priced homes
- Shawnette, TN: higher priced homes
- Zip City, AL: higher priced homes
- Crewstown, TN: higher priced homes
- Lexington, AL: higher priced homes
Cities with Similar Populations
- Shaniko, OR: higher priced homes
- Lehigh, PA: higher priced homes
- Leyden, ND: higher priced homes
- Limestone, MT: higher priced homes
- Lockhart, CA: higher priced homes
- Lodi, OK: equally priced homes
- Logan, MO: higher priced homes
- Logton, AL: equally priced homes
- Lolo Hot Springs, MT: higher priced homes
- Long Lake, SD: higher priced homes
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