Home Price Key
Affordable
Average
Expensive
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 $313,471, higher than the Tennessee average of $218,916.
The average cost of rent is $1,339/mo in Nashville, primarily driven by the current value of real estate in the Nashville area. While nearly 32.91% of residents own their homes outright in Nashville, 31.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nashville is $6,826 per month. Households that rent pay about 19.62% of their income on rent here. Nashville's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Berry Hill, TN: higher priced homes
- Oak Hill, TN: higher priced homes
- Belle Meade, TN: higher priced homes
- Forest Hills, TN: higher priced homes
- Antioch, TN: less expensive homes
- Madison, TN: less expensive homes
- Whites Creek, TN: less expensive homes
- Hermitage, TN: less expensive homes
- Lakewood, TN: higher priced homes
- Old Hickory, TN: equally priced homes
Cities with Similar Populations
- Vista, CA: higher priced homes
- Town 'n' Country, FL: less expensive homes
- Tomball, TX: equally priced homes
- Toledo, OH: less expensive homes
- Virginia Beach, VA: less expensive homes
- Toms River, NJ: equally priced homes
- Tonawanda, NY: less expensive homes
- Torrance, CA: higher priced homes
- Union City, CA: higher priced homes
- Trenton, NJ: less expensive homes
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