
Affordable
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These days, finding an affordable place to live in the Nashville area can be challenging. Home prices in Nashville are now at a median cost of $179,927, lower than the Arkansas average of $207,061.
The average cost of rent is $737/mo in Nashville, primarily driven by the current value of real estate in the Nashville area. In Nashville, 28.93% of households rent, and 52.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nashville is $4,611 per month. Households that rent pay about 15.98% of their income on rent here. Nashville’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Muddyfork, AR: higher priced homes
- North Bingen, AR: less expensive homes
- Mineral Springs, AR: less expensive homes
- Ozan, AR: less expensive homes
- Center Point, AR: less expensive homes
- Tokio, AR: less expensive homes
- Buck Range, AR: less expensive homes
- Tollette, AR: less expensive homes
- Nathan, AR: less expensive homes
- Roy, AR: less expensive homes
Cities with Similar Populations
- Elm City, NC: equally priced homes
- Weldon Spring, MO: higher priced homes
- Wellington, KS: less expensive homes
- Wells, ME: higher priced homes
- Wellsboro, PA: higher priced homes
- Wellsville, OH: less expensive homes
- Yardville, NJ: higher priced homes
- Erath, LA: equally priced homes
- Epping, NH: higher priced homes
- Elsmere, DE: higher priced homes
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