The Most Affordable Neighborhoods in South Carthage, TN by Home Value

 

South Carthage, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Carthage area can be challenging. Home prices in South Carthage are now at a median cost of $229,360, lower than the Tennessee average of $315,131.

The average cost of rent is $956/mo in South Carthage, primarily driven by the current value of real estate in the South Carthage area. In South Carthage, 35.13% of households rent, and 49.50% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in South Carthage is $4,694 per month. Households that rent pay about 20.36% of their income on rent here. South Carthage’s most expensive areas are in the southern 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.


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