Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Reliance area can be challenging. Home prices in Reliance are now at a median cost of $134,538, lower than the Tennessee average of $218,916.
The average cost of rent is $763/mo in Reliance, primarily driven by the current value of real estate in the Reliance area. While nearly 49.29% of residents own their homes outright in Reliance, 11.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Reliance is $7,948 per month. Households that rent pay about 9.60% of their income on rent here. Reliance's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Towee, TN: higher priced homes
- Delano, TN: higher priced homes
- Benton, TN: equally priced homes
- Parksville, TN: less expensive homes
- Turtletown, TN: equally priced homes
- Farner, TN: equally priced homes
- Patty, TN: higher priced homes
- Ducktown, TN: less expensive homes
- Ocoee, TN: equally priced homes
- Copperhill, TN: equally priced homes
Cities with Similar Populations
- Mandalay, LA: higher priced homes
- Sampson, WI: higher priced homes
- Samaria, MI: higher priced homes
- Salisbury Heights, NH: higher priced homes
- McLane, PA: higher priced homes
- McClintocksburg, OH: higher priced homes
- Mc Adams, MS: equally priced homes
- Marysville, MT: higher priced homes
- Mapleton, MI: higher priced homes
- Santa Cruz, TX: equally priced homes
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