The Most Affordable Neighborhoods in Three Point, TN by Home Value

 

Three Point, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Three Point area can be challenging. Home prices in Three Point are now at a median cost of $103,600, lower than the Tennessee average of $218,916.

The average cost of rent is $642/mo in Three Point, primarily driven by the current value of real estate in the Three Point area. While nearly 70.11% of residents own their homes outright in Three Point, 20.91% rent.

Housing affordability isn’t just about home prices, though. The average household income in Three Point is $4,479 per month. Households that rent pay about 14.33% of their income on rent here. Three Point's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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