The Most Affordable Neighborhoods in Nashville, MO by Home Value

 

Nashville, MO Map of Most Affordable Neighborhoods
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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 $116,883, lower than the Missouri average of $194,908.

The average cost of rent is $571/mo in Nashville, primarily driven by the current value of real estate in the Nashville area. While nearly 56.36% of residents own their homes outright in Nashville, 18.53% rent.

Housing affordability isn’t just about home prices, though. The average household income in Nashville is $4,973 per month. Households that rent pay about 11.49% of their income on rent here. Nashville's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.


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