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 $148,976, lower than the Tennessee average of $218,916.

The average cost of rent is $772/mo in New Bethel, primarily driven by the current value of real estate in the New Bethel area. While nearly 49.04% of residents own their homes outright in New Bethel, 19.03% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Bethel is $4,452 per month. Households that rent pay about 17.35% of their income on rent here. New Bethel's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.


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