
Home Price Key
These days, finding an affordable place to live in the Petersburg area can be challenging. Home prices in Petersburg are now at a median cost of $167,892, lower than the Tennessee average of $218,916.
The average cost of rent is $718/mo in Petersburg, primarily driven by the current value of real estate in the Petersburg area. While nearly 49.02% of residents own their homes outright in Petersburg, 15.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Petersburg is $5,485 per month. Households that rent pay about 13.08% of their income on rent here. Petersburg's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Talley, TN: equally priced homes
- Branchville, TN: higher priced homes
- Howell, TN: higher priced homes
- Hughey, TN: equally priced homes
- Yell, TN: higher priced homes
- Booneville, TN: higher priced homes
- Delina, TN: higher priced homes
- Diana, TN: equally priced homes
- Frankewing, TN: equally priced homes
- Cornersville, TN: less expensive homes
Cities with Similar Populations
- Chackbay, LA: higher priced homes
- Chesterfield, IN: less expensive homes
- Singer, LA: higher priced homes
- Odum, GA: less expensive homes
- Olanta, SC: less expensive homes
- Omaha, AR: less expensive homes
- Ord, NE: less expensive homes
- Oxford, CO: higher priced homes
- Pangburn, AR: less expensive homes
- Parkersburg, IA: equally priced homes
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