The Most Affordable Neighborhoods in Sugar Tree, TN by Home Value

These days, finding an affordable place to live in the Sugar Tree area can be challenging. Home prices in Sugar Tree are now at a median cost of $125,578, lower than the Tennessee average of $315,131.

The average cost of rent is $942/mo in Sugar Tree, primarily driven by the current value of real estate in the Sugar Tree area. In Sugar Tree, 17.32% of households rent, and 60.73% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Sugar Tree is $3,827 per month. Households that rent pay about 24.61% of their income on rent here. Sugar Tree’s most expensive areas are in the southwestern 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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