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Affordable
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These days, finding an affordable place to live in the Sims Spring area can be challenging. Home prices in Sims Spring are now at a median cost of $329,964, higher than the Tennessee average of $315,131.
The average cost of rent is $1,053/mo in Sims Spring, primarily driven by the current value of real estate in the Sims Spring area. In Sims Spring, 19.01% of households rent, and 45.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sims Spring is $5,709 per month. Households that rent pay about 18.45% of their income on rent here. Sims Spring’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Palmetto, TN: equally priced homes
- Halls Mill, TN: equally priced homes
- Farmington, TN: less expensive homes
- Elbethel, TN: equally priced homes
- Unionville, TN: equally priced homes
- Verona, TN: less expensive homes
- Rover, TN: less expensive homes
- Richmond, TN: higher priced homes
- Belfast, TN: less expensive homes
- Vannatta, TN: less expensive homes
Cities with Similar Populations
- Bradshaw, NE: less expensive homes
- Bellarthur, NC: less expensive homes
- Chataignier, LA: less expensive homes
- Big Oak Flat, CA: equally priced homes
- Blackwater, MO: less expensive homes
- Blanconia, TX: less expensive homes
- Chamois, MO: less expensive homes
- Blanton, AL: less expensive homes
- Blenheim, SC: less expensive homes
- Board Valley, TN: less expensive homes
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