The Most Affordable Neighborhoods in New Bethel, TN by Home Value

 

New Bethel, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Bethel area can be challenging. Home prices in New Bethel are now at a median cost of $209,368, lower than the Tennessee average of $315,131.

The average cost of rent is $835/mo in New Bethel, primarily driven by the current value of real estate in the New Bethel area. In New Bethel, 21.58% of households rent, and 48.59% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in New Bethel is $4,811 per month. Households that rent pay about 17.36% of their income on rent here. New Bethel’s most expensive areas are in the central 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.


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