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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 $182,350, lower than the Missouri average of $246,641.
The average cost of rent is $779/mo in Nashville, primarily driven by the current value of real estate in the Nashville area. In Nashville, 23.83% of households rent, and 52.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nashville is $5,650 per month. Households that rent pay about 13.78% of their income on rent here. Nashville’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Medoc, MO: less expensive homes
- Oakton, MO: higher priced homes
- Opolis, KS: higher priced homes
- Asbury, MO: equally priced homes
- Neck City, MO: equally priced homes
- Mindenmines, MO: equally priced homes
- Purcell, MO: equally priced homes
- Jasper, MO: equally priced homes
- Yale, KS: equally priced homes
- Kniveton, KS: equally priced homes
Cities with Similar Populations
- West Leisenring, PA: less expensive homes
- Dudley, MO: less expensive homes
- Dyesville, OH: less expensive homes
- East Athens, PA: higher priced homes
- East Newport, ME: higher priced homes
- East Troy, ME: higher priced homes
- East Worcester, NY: less expensive homes
- Eldorado, OK: less expensive homes
- Ellery, IL: less expensive homes
- Willhite, LA: higher priced homes
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