Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ridgely area can be challenging. Home prices in Ridgely are now at a median cost of $76,862, lower than the Tennessee average of $218,916.
The average cost of rent is $485/mo in Ridgely, primarily driven by the current value of real estate in the Ridgely area. While nearly 42.21% of residents own their homes outright in Ridgely, 43.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ridgely is $3,231 per month. Households that rent pay about 15.01% of their income on rent here. Ridgely's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Madie, TN: higher priced homes
- Wynnburg, TN: higher priced homes
- Bogota, TN: higher priced homes
- Owl City, TN: higher priced homes
- Lane, TN: higher priced homes
- Lake Drive, TN: higher priced homes
- Tiptonville, TN: higher priced homes
- Cloverdale, TN: higher priced homes
- Millsfield, TN: higher priced homes
- Hornbeak, TN: equally priced homes
Cities with Similar Populations
- Thorp, WA: higher priced homes
- Drexel, NC: higher priced homes
- Elkhart, KS: higher priced homes
- Elora, TN: higher priced homes
- Glencoe, OK: higher priced homes
- Kentland, IN: higher priced homes
- Madison Lake, MN: higher priced homes
- Sharps Chapel, TN: higher priced homes
- Sumerduck, VA: higher priced homes
- Taylors Falls, MN: higher priced homes
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