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Affordable
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These days, finding an affordable place to live in the Rives area can be challenging. Home prices in Rives are now at a median cost of $199,020, lower than the Tennessee average of $315,131.
The average cost of rent is $773/mo in Rives, primarily driven by the current value of real estate in the Rives area. In Rives, 25.99% of households rent, and 52.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rives is $6,144 per month. Households that rent pay about 12.59% of their income on rent here. Rives’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Polk, TN: less expensive homes
- Mount Pelia, TN: higher priced homes
- Union City, TN: less expensive homes
- Gibbs, TN: less expensive homes
- Terrell, TN: less expensive homes
- Gardner, TN: equally priced homes
- Troy, TN: less expensive homes
- Mason Hall, TN: less expensive homes
- Sidonia, TN: less expensive homes
- Harris, TN: less expensive homes
Cities with Similar Populations
- Saltillo, AR: equally priced homes
- Kents Hill, ME: higher priced homes
- Kinderlou, GA: higher priced homes
- Knob Lick, KY: less expensive homes
- Leonville, LA: less expensive homes
- Long Branch, TX: less expensive homes
- Pond Creek, OK: less expensive homes
- Richelieu, KY: equally priced homes
- Richmond, WI: higher priced homes
- Rockledge, GA: less expensive homes
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