The Most Affordable Neighborhoods in Red Boiling Springs, TN by Home Value

Home Price Key

These days, finding an affordable place to live in the Red Boiling Springs area can be challenging. Home prices in Red Boiling Springs are now at a median cost of $110,897, lower than the Tennessee average of $218,916.

The average cost of rent is $697/mo in Red Boiling Springs, primarily driven by the current value of real estate in the Red Boiling Springs area. While nearly 59.37% of residents own their homes outright in Red Boiling Springs, 30.83% rent.

Housing affordability isn’t just about home prices, though. The average household income in Red Boiling Springs is $3,037 per month. Households that rent pay about 22.95% of their income on rent here. Red Boiling Springs's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.

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