The Most Affordable Neighborhoods in Perrin Hollow, TN by Home Value

 

Perrin Hollow, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Perrin Hollow area can be challenging. Home prices in Perrin Hollow are now at a median cost of $169,609, lower than the Tennessee average of $218,916.

The average cost of rent is $719/mo in Perrin Hollow, primarily driven by the current value of real estate in the Perrin Hollow area. While nearly 49.13% of residents own their homes outright in Perrin Hollow, 20.40% rent.

Housing affordability isn’t just about home prices, though. The average household income in Perrin Hollow is $4,319 per month. Households that rent pay about 16.65% of their income on rent here. Perrin Hollow's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.


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