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

 

New Johnsonville, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Johnsonville area can be challenging. Home prices in New Johnsonville are now at a median cost of $113,956, lower than the Tennessee average of $218,916.

The average cost of rent is $755/mo in New Johnsonville, primarily driven by the current value of real estate in the New Johnsonville area. While nearly 51.36% of residents own their homes outright in New Johnsonville, 21.81% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Johnsonville is $5,400 per month. Households that rent pay about 13.98% of their income on rent here. New Johnsonville's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.


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