The Most Affordable Neighborhoods in Perryville, TN by Home Value

These days, finding an affordable place to live in the Perryville area can be challenging. Home prices in Perryville are now at a median cost of $148,245, lower than the Tennessee average of $315,131.

The average cost of rent is $695/mo in Perryville, primarily driven by the current value of real estate in the Perryville area. In Perryville, 29.66% of households rent, and 52.54% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Perryville is $3,741 per month. Households that rent pay about 18.59% of their income on rent here. Perryville’s most expensive areas are in the central regions, while the cheapest areas are in the northern 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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