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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 $142,356, lower than the Georgia average of $324,634.
The average cost of rent is $808/mo in Nashville, primarily driven by the current value of real estate in the Nashville area. In Nashville, 33.84% of households rent, and 55.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nashville is $4,614 per month. Households that rent pay about 17.51% of their income on rent here. Nashville’s most expensive areas are in the southwestern 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
- Massee, GA: higher priced homes
- Weber, GA: less expensive homes
- Sparks, GA: higher priced homes
- Alapaha, GA: less expensive homes
- Bannockburn, GA: less expensive homes
- Adel, GA: higher priced homes
- Lenox, GA: equally priced homes
- Willacoochee, GA: less expensive homes
- Ellenton, GA: equally priced homes
- Omega, GA: equally priced homes
Cities with Similar Populations
- Elmendorf, TX: equally priced homes
- St. Stephens, NC: higher priced homes
- St. Pete Beach, FL: higher priced homes
- St. Pauls, NC: less expensive homes
- St. Joseph, MN: higher priced homes
- St. Francis, WI: higher priced homes
- St. Francis, MN: higher priced homes
- Flossmoor, IL: higher priced homes
- Farmington, AR: higher priced homes
- Fairview, NC: higher priced homes
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