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Affordable
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These days, finding an affordable place to live in the Rock Springs area can be challenging. Home prices in Rock Springs are now at a median cost of $152,396, lower than the Tennessee average of $315,131.
The average cost of rent is $710/mo in Rock Springs, primarily driven by the current value of real estate in the Rock Springs area. In Rock Springs, 25.18% of households rent, and 60.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rock Springs is $5,496 per month. Households that rent pay about 12.92% of their income on rent here. Rock Springs’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Good Hope, TN: less expensive homes
- RoEllen, TN: higher priced homes
- Bishop, TN: higher priced homes
- Newbern, TN: equally priced homes
- Neboville, TN: less expensive homes
- Tatumville, TN: equally priced homes
- Dyersburg, TN: higher priced homes
- South Dyersburg, TN: less expensive homes
- Fowlkes, TN: less expensive homes
- Maxey, TN: higher priced homes
Cities with Similar Populations
- Metcalf, GA: higher priced homes
- Matlock, WA: higher priced homes
- Mauricetown, NJ: higher priced homes
- Maxbass, ND: higher priced homes
- McCol Place, IN: higher priced homes
- Medicine Bow, WY: less expensive homes
- Mellette, SD: equally priced homes
- Melvin Mills, NH: higher priced homes
- Menchalville, WI: higher priced homes
- Mentor, KY: higher priced homes
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