The Most Affordable Neighborhoods in Nunnelly, TN by Home Value

 

Nunnelly, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Nunnelly area can be challenging. Home prices in Nunnelly are now at a median cost of $196,488, lower than the Tennessee average of $315,131.

The average cost of rent is $1,127/mo in Nunnelly, primarily driven by the current value of real estate in the Nunnelly area. In Nunnelly, 18.77% of households rent, and 47.32% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Nunnelly is $5,245 per month. Households that rent pay about 21.48% of their income on rent here. Nunnelly’s most expensive areas are in the northeastern 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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