The Most Affordable Neighborhoods in Peeled Chestnut, TN by Home Value

 

Peeled Chestnut, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Peeled Chestnut area can be challenging. Home prices in Peeled Chestnut are now at a median cost of $251,045, lower than the Tennessee average of $315,131.

The average cost of rent is $953/mo in Peeled Chestnut, primarily driven by the current value of real estate in the Peeled Chestnut area. In Peeled Chestnut, 11.49% of households rent, and 48.61% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Peeled Chestnut is $6,467 per month. Households that rent pay about 14.74% of their income on rent here. Peeled Chestnut’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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