The Most Affordable Neighborhoods in Pall Mall, TN by Home Value

 

Pall Mall, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pall Mall area can be challenging. Home prices in Pall Mall are now at a median cost of $109,913, lower than the Tennessee average of $218,916.

The average cost of rent is $670/mo in Pall Mall, primarily driven by the current value of real estate in the Pall Mall area. While nearly 56.37% of residents own their homes outright in Pall Mall, 21.63% rent.

Housing affordability isn’t just about home prices, though. The average household income in Pall Mall is $3,364 per month. Households that rent pay about 19.91% of their income on rent here. Pall Mall's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.


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