The Most Affordable Neighborhoods in Terry Creek, TN by Home Value

 

Terry Creek, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Terry Creek area can be challenging. Home prices in Terry Creek are now at a median cost of $121,690, lower than the Tennessee average of $218,916.

The average cost of rent is $633/mo in Terry Creek, primarily driven by the current value of real estate in the Terry Creek area. While nearly 51.68% of residents own their homes outright in Terry Creek, 13.21% rent.

Housing affordability isn’t just about home prices, though. The average household income in Terry Creek is $4,724 per month. Households that rent pay about 13.39% of their income on rent here. Terry Creek's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.


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