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 $161,580, lower than the Tennessee average of $315,131.

The average cost of rent is $791/mo in New Johnsonville, primarily driven by the current value of real estate in the New Johnsonville area. In New Johnsonville, 15.33% of households rent, and 54.98% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in New Johnsonville is $6,722 per month. Households that rent pay about 11.76% of their income on rent here. New Johnsonville’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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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