The Most Affordable Neighborhoods in Thompsons Store, TN by Home Value

 

Thompsons Store, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Thompsons Store area can be challenging. Home prices in Thompsons Store are now at a median cost of $125,600, lower than the Tennessee average of $218,916.

The average cost of rent is $536/mo in Thompsons Store, primarily driven by the current value of real estate in the Thompsons Store area. While nearly 80.00% of residents own their homes outright in Thompsons Store, 8.92% rent.

Housing affordability isn’t just about home prices, though. The average household income in Thompsons Store is $3,069 per month. Households that rent pay about 17.46% of their income on rent here. Thompsons Store's most expensive areas are in the northeastern regions, while the cheapest areas are in the northeastern parts of the city.


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