Expensive
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 $589,213, lower than the California average of $812,006.
The average cost of rent is $2,616/mo in Nashville, primarily driven by the current value of real estate in the Nashville area. In Nashville, 8.40% of households rent, and 38.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nashville is $9,013 per month. Households that rent pay about 29.03% of their income on rent here. Nashville’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- El Dorado, CA: equally priced homes
- Outingdale, CA: less expensive homes
- Diamond Springs, CA: less expensive homes
- Shingle Springs, CA: higher priced homes
- River Pines, CA: less expensive homes
- Latrobe, CA: higher priced homes
- Plymouth, CA: less expensive homes
- Placerville, CA: equally priced homes
- Cameron Park, CA: higher priced homes
- Mount Aukum, CA: higher priced homes
Cities with Similar Populations
- Elmhurst, WI: less expensive homes
- Tunbridge, VT: less expensive homes
- Gastonia, TX: less expensive homes
- Frost, MI: less expensive homes
- Franklin, NE: less expensive homes
- Falls Of Rough, KY: less expensive homes
- Evening Shade, AR: less expensive homes
- Esmont, VA: less expensive homes
- Erskine, MN: less expensive homes
- Union Grove, TX: less expensive homes
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