Expensive
Affordable
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These days, finding an affordable place to live in the Reagan area can be challenging. Home prices in Reagan are now at a median cost of $201,817, lower than the Tennessee average of $315,131.
The average cost of rent is $677/mo in Reagan, primarily driven by the current value of real estate in the Reagan area. In Reagan, 20.27% of households rent, and 53.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reagan is $4,292 per month. Households that rent pay about 15.77% of their income on rent here. Reagan’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Shady Hill, TN: higher priced homes
- Sardis, TN: less expensive homes
- Enville, TN: less expensive homes
- Palestine, TN: less expensive homes
- Warrens Bluff, TN: equally priced homes
- Jacks Creek, TN: equally priced homes
- Scotts Hill, TN: less expensive homes
- Middleburg, TN: less expensive homes
- Luray, TN: equally priced homes
- Sweet Lips, TN: equally priced homes
Cities with Similar Populations
- Alderson, WV: less expensive homes
- Woodacre, CA: higher priced homes
- Wisner, LA: less expensive homes
- Whitewater, CO: higher priced homes
- Tekonsha, MI: less expensive homes
- Tarkio, MO: less expensive homes
- Stephenson, MI: less expensive homes
- South Floral Park, NY: higher priced homes
- Halfway, MO: less expensive homes
- Hackensack, MN: higher priced homes
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