Expensive
Affordable
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These days, finding an affordable place to live in the Patterson area can be challenging. Home prices in Patterson are now at a median cost of $441,342, higher than the Tennessee average of $315,131.
The average cost of rent is $1,499/mo in Patterson, primarily driven by the current value of real estate in the Patterson area. In Patterson, 25.94% of households rent, and 41.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Patterson is $6,950 per month. Households that rent pay about 21.57% of their income on rent here. Patterson’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.
Nearby Cities
- Arrington, TN: higher priced homes
- Rockvale, TN: equally priced homes
- Eagleville, TN: higher priced homes
- College Grove, TN: higher priced homes
- Link, TN: equally priced homes
- Rudderville, TN: higher priced homes
- Nolensville, TN: higher priced homes
- Murfreesboro, TN: less expensive homes
- Smyrna, TN: less expensive homes
- Peytonsville, TN: higher priced homes
Cities with Similar Populations
- South Newport, GA: less expensive homes
- Kirby, WY: less expensive homes
- Kirbyton, KY: less expensive homes
- Kirkmansville, KY: less expensive homes
- Kiro, KS: less expensive homes
- Koehler, VA: less expensive homes
- Koliganek, AK: less expensive homes
- Kukuiula, HI: higher priced homes
- Latham, TN: less expensive homes
- South Center, IN: less expensive homes
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