The Most Affordable Neighborhoods in Sharps Chapel, TN by Home Value

 

Sharps Chapel, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Sharps Chapel area can be challenging. Home prices in Sharps Chapel are now at a median cost of $274,005, lower than the Tennessee average of $315,131.

The average cost of rent is $801/mo in Sharps Chapel, primarily driven by the current value of real estate in the Sharps Chapel area. In Sharps Chapel, 7.87% of households rent, and 52.90% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Sharps Chapel is $5,884 per month. Households that rent pay about 13.61% of their income on rent here. Sharps Chapel’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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