Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Nine Mile area can be challenging. Home prices in Nine Mile are now at a median cost of $173,167, lower than the Tennessee average of $218,916.
The average cost of rent is $763/mo in Nine Mile, primarily driven by the current value of real estate in the Nine Mile area. While nearly 54.69% of residents own their homes outright in Nine Mile, 22.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nine Mile is $3,506 per month. Households that rent pay about 21.76% of their income on rent here. Nine Mile's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Milo, TN: less expensive homes
- Cold Spring, TN: less expensive homes
- Summer City, TN: equally priced homes
- Melvine, TN: less expensive homes
- Litton, TN: equally priced homes
- Morgan Springs, TN: less expensive homes
- Emery Mill, TN: less expensive homes
- Pikeville, TN: less expensive homes
- Burke, TN: less expensive homes
- Mount Crest, TN: less expensive homes
Cities with Similar Populations
- Denver, MO: less expensive homes
- Dixon, MI: equally priced homes
- Divot, TX: less expensive homes
- Diefenbach Corners, WI: higher priced homes
- Dickey, ND: less expensive homes
- Dexterville, WI: less expensive homes
- Dewey, WI: equally priced homes
- DeSoto, MS: less expensive homes
- Derry, NM: less expensive homes
- Deronda, WI: higher priced homes
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