The Most Affordable Neighborhoods in Rutledge Falls, TN by Home Value

 

Rutledge Falls, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Rutledge Falls area can be challenging. Home prices in Rutledge Falls are now at a median cost of $218,134, lower than the Tennessee average of $218,916.

The average cost of rent is $728/mo in Rutledge Falls, primarily driven by the current value of real estate in the Rutledge Falls area. While nearly 43.54% of residents own their homes outright in Rutledge Falls, 15.03% rent.

Housing affordability isn’t just about home prices, though. The average household income in Rutledge Falls is $5,828 per month. Households that rent pay about 12.50% of their income on rent here. Rutledge Falls's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.


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