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Affordable
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These days, finding an affordable place to live in the Timberlake area can be challenging. Home prices in Timberlake are now at a median cost of $165,539, lower than the Tennessee average of $315,131.
The average cost of rent is $744/mo in Timberlake, primarily driven by the current value of real estate in the Timberlake area. In Timberlake, 21.62% of households rent, and 46.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Timberlake is $5,599 per month. Households that rent pay about 13.29% of their income on rent here. Timberlake’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lexington, TN: higher priced homes
- Wildersville, TN: equally priced homes
- Chesterfield, TN: less expensive homes
- Parkers Crossroads, TN: equally priced homes
- Broadway, TN: higher priced homes
- Warrens Bluff, TN: higher priced homes
- Darden, TN: less expensive homes
- Yuma, TN: less expensive homes
- Bible Hill, TN: less expensive homes
- Huron, TN: higher priced homes
Cities with Similar Populations
- Cordesville, SC: higher priced homes
- Upper Lehigh, PA: higher priced homes
- Upper Hominy, NC: higher priced homes
- Donegal, PA: equally priced homes
- Dixon, MS: less expensive homes
- Dill City, OK: less expensive homes
- Delano, OH: higher priced homes
- Custards, PA: equally priced homes
- Cuney, TX: higher priced homes
- Crosby, MS: less expensive homes
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