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These days, finding an affordable place to live in the New Deal area can be challenging. Home prices in New Deal are now at a median cost of $414,366, higher than the Tennessee average of $315,131.
The average cost of rent is $918/mo in New Deal, primarily driven by the current value of real estate in the New Deal area. In New Deal, 11.86% of households rent, and 40.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Deal is $8,897 per month. Households that rent pay about 10.32% of their income on rent here. New Deal’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cottontown, TN: equally priced homes
- Portland, TN: less expensive homes
- Reubensville, TN: equally priced homes
- Graball, TN: less expensive homes
- Cross Plains, TN: less expensive homes
- Mitchellville, TN: less expensive homes
- White House, TN: less expensive homes
- Corinth, TN: less expensive homes
- Orlinda, TN: less expensive homes
- Kansas, TN: higher priced homes
Cities with Similar Populations
- Wawarsing, NY: less expensive homes
- Buncombe, IL: less expensive homes
- Busick, NC: less expensive homes
- Calamus, IA: less expensive homes
- Caledonia, MO: less expensive homes
- Cambridge, ID: less expensive homes
- Campbellsport, OH: less expensive homes
- Carney, MI: less expensive homes
- Carolina, AL: less expensive homes
- Compton, MD: equally priced homes
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