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These days, finding an affordable place to live in the Ripley area can be challenging. Home prices in Ripley are now at a median cost of $165,561, lower than the Tennessee average of $315,131.
The average cost of rent is $791/mo in Ripley, primarily driven by the current value of real estate in the Ripley area. In Ripley, 38.25% of households rent, and 51.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ripley is $4,012 per month. Households that rent pay about 19.72% of their income on rent here. Ripley’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Flippin, TN: less expensive homes
- Hurricane Hill, TN: less expensive homes
- Opossum, TN: less expensive homes
- Woodville, TN: less expensive homes
- Edith, TN: equally priced homes
- Dry Hill, TN: equally priced homes
- Durhamville, TN: less expensive homes
- Curve, TN: equally priced homes
- Luckett, TN: less expensive homes
- Gates, TN: less expensive homes
Cities with Similar Populations
- Palos Heights, IL: higher priced homes
- North Branch, MN: higher priced homes
- North Valley Stream, NY: higher priced homes
- Northlake, IL: higher priced homes
- Oak Park, CA: higher priced homes
- Oakland, NJ: higher priced homes
- Ortonville, MI: higher priced homes
- Oskaloosa, IA: equally priced homes
- Oxford, CT: higher priced homes
- North Bend, OR: higher priced homes
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