
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 $177,708, lower than the Michigan average of $250,415.
The average cost of rent is $888/mo in Nashville, primarily driven by the current value of real estate in the Nashville area. In Nashville, 18.48% of households rent, and 49.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nashville is $5,819 per month. Households that rent pay about 15.26% of their income on rent here. Nashville’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Vermontville, MI: higher priced homes
- Lacey, MI: higher priced homes
- Woodland, MI: higher priced homes
- Cloverdale, MI: higher priced homes
- Dowling, MI: higher priced homes
- Carlisle, MI: higher priced homes
- Hastings, MI: higher priced homes
- Vickery Landing, MI: higher priced homes
- Chester, MI: higher priced homes
- Bellevue, MI: equally priced homes
Cities with Similar Populations
- Rosemont, IL: higher priced homes
- Woodbine, GA: higher priced homes
- Bishop, GA: higher priced homes
- Ben Wheeler, TX: higher priced homes
- Captain Cook, HI: higher priced homes
- Cassatt, SC: less expensive homes
- Roseville, OH: less expensive homes
- Mabton, WA: higher priced homes
- Applewood, CO: higher priced homes
- Williamson, WV: less expensive homes
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