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Affordable
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These days, finding an affordable place to live in the Ravenscroft area can be challenging. Home prices in Ravenscroft are now at a median cost of $234,520, lower than the Tennessee average of $315,131.
The average cost of rent is $829/mo in Ravenscroft, primarily driven by the current value of real estate in the Ravenscroft area. In Ravenscroft, 13.57% of households rent, and 53.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ravenscroft is $4,991 per month. Households that rent pay about 16.61% of their income on rent here. Ravenscroft’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Clarktown, TN: less expensive homes
- Board Valley, TN: equally priced homes
- Clifty, TN: less expensive homes
- Eastland, TN: less expensive homes
- Lost Creek, TN: less expensive homes
- Yankeetown, TN: less expensive homes
- Pleasant Hill, TN: less expensive homes
- Sparta, TN: less expensive homes
- Findlay, TN: equally priced homes
- River Hill, TN: less expensive homes
Cities with Similar Populations
- Marlboro, NC: less expensive homes
- New Bethel, TN: less expensive homes
- Modena, PA: higher priced homes
- Minidoka, ID: higher priced homes
- Mingoville, PA: higher priced homes
- Menno, PA: equally priced homes
- Melrose, OH: less expensive homes
- Meadowlands, PA: higher priced homes
- McNair, MS: less expensive homes
- McHue, AR: less expensive homes
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