The Most Affordable Neighborhoods in Tennessee Ridge, TN by Home Value

These days, finding an affordable place to live in the Tennessee Ridge area can be challenging. Home prices in Tennessee Ridge are now at a median cost of $196,868, lower than the Tennessee average of $315,131.

The average cost of rent is $856/mo in Tennessee Ridge, primarily driven by the current value of real estate in the Tennessee Ridge area. In Tennessee Ridge, 17.41% of households rent, and 48.27% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Tennessee Ridge is $5,449 per month. Households that rent pay about 15.72% of their income on rent here. Tennessee Ridge’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern 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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