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Affordable
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These days, finding an affordable place to live in the Rural Vale area can be challenging. Home prices in Rural Vale are now at a median cost of $239,877, lower than the Tennessee average of $315,131.
The average cost of rent is $773/mo in Rural Vale, primarily driven by the current value of real estate in the Rural Vale area. In Rural Vale, 8.37% of households rent, and 58.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rural Vale is $5,583 per month. Households that rent pay about 13.85% of their income on rent here. Rural Vale’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
- Bullet Creek, TN: less expensive homes
- Jalapa, TN: less expensive homes
- Sandy Lane, TN: equally priced homes
- Tellico Plains, TN: less expensive homes
- Towee, TN: less expensive homes
- Smithfield, TN: equally priced homes
- East Etowah, TN: less expensive homes
- Etowah, TN: less expensive homes
- Williamsburg, TN: equally priced homes
- Englewood, TN: less expensive homes
Cities with Similar Populations
- Keenan, WV: less expensive homes
- Hon, AR: less expensive homes
- Honcut, CA: higher priced homes
- Hoover, IN: less expensive homes
- Hopewell, AL: less expensive homes
- Hunts Corner, ME: higher priced homes
- Hurdtown, NJ: higher priced homes
- Iduna, WI: equally priced homes
- Ilasco, MO: less expensive homes
- Kanona, NY: less expensive homes
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