The Most Affordable Neighborhoods in Rhea County, TN by Home Value

 

Rhea County, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Rhea County area can be challenging. Home prices in Rhea County are now at a median cost of $142,999, lower than the Tennessee average of $218,916.

The average cost of rent is $716/mo in Rhea County, primarily driven by the current value of real estate in the Rhea County area. While nearly 56.52% of residents own their homes outright in Rhea County, 27.18% rent.

Housing affordability isn’t just about home prices, though. The average household income in Rhea County is $4,287 per month. Households that rent pay about 16.69% of their income on rent here. Rhea County's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the county.


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