The Most Affordable Neighborhoods in North Springs, TN by Home Value

 

North Springs, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the North Springs area can be challenging. Home prices in North Springs are now at a median cost of $202,274, lower than the Tennessee average of $315,131.

The average cost of rent is $618/mo in North Springs, primarily driven by the current value of real estate in the North Springs area. In North Springs, 34.85% of households rent, and 73.43% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in North Springs is $3,367 per month. Households that rent pay about 18.35% of their income on rent here. North Springs’s most expensive areas are in the central 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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