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These days, finding an affordable place to live in the Riceville area can be challenging. Home prices in Riceville are now at a median cost of $237,836, lower than the Tennessee average of $315,131.
The average cost of rent is $809/mo in Riceville, primarily driven by the current value of real estate in the Riceville area. In Riceville, 16.72% of households rent, and 40.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Riceville is $5,694 per month. Households that rent pay about 14.21% of their income on rent here. Riceville’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sanford, TN: less expensive homes
- South Liberty, TN: less expensive homes
- Calhoun, TN: less expensive homes
- Athens, TN: equally priced homes
- Wesleyanna, TN: higher priced homes
- Clearwater, TN: less expensive homes
- Lamontville, TN: equally priced homes
- Patty, TN: equally priced homes
- New Bethel, TN: less expensive homes
- Watt Heights, TN: equally priced homes
Cities with Similar Populations
- Bangor, MI: less expensive homes
- Peosta, IA: higher priced homes
- Silver Summit, UT: higher priced homes
- Sloatsburg, NY: higher priced homes
- Star City, AR: less expensive homes
- West Reading, PA: less expensive homes
- Greenland, NH: higher priced homes
- Frisco, CO: higher priced homes
- West Wendover, NV: less expensive homes
- Evansville, WY: higher priced homes
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