
Home Price Key
These days, finding an affordable place to live in the Tennessee area can be challenging. Home prices in Tennessee are now at a median cost of $82,330, lower than the Illinois average of $242,002.
The average cost of rent is $629/mo in Tennessee, primarily driven by the current value of real estate in the Tennessee area. While nearly 45.22% of residents own their homes outright in Tennessee, 21.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tennessee is $3,933 per month. Households that rent pay about 15.99% of their income on rent here. Tennessee's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Colchester, IL: higher priced homes
- Colmar, IL: higher priced homes
- Fandon, IL: higher priced homes
- Fountain Green, IL: higher priced homes
- Macomb, IL: higher priced homes
- Blandinsville, IL: equally priced homes
- Plymouth, IL: higher priced homes
- Webster, IL: higher priced homes
- Sciota, IL: higher priced homes
- La Harpe, IL: equally priced homes
Cities with Similar Populations
- Williamson, PA: higher priced homes
- Warren, TN: higher priced homes
- Wasco, OR: higher priced homes
- Waukeenah, FL: higher priced homes
- Wawpecong, IN: higher priced homes
- Weatherby, MO: higher priced homes
- Weaver, TX: higher priced homes
- Wegdahl, MN: higher priced homes
- West Sonora, OH: higher priced homes
- Weston, VT: higher priced homes
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