Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Townsend area can be challenging. Home prices in Townsend are now at a median cost of $190,660, lower than the Tennessee average of $218,916.
The average cost of rent is $848/mo in Townsend, primarily driven by the current value of real estate in the Townsend area. While nearly 58.19% of residents own their homes outright in Townsend, 17.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Townsend is $3,728 per month. Households that rent pay about 22.76% of their income on rent here. Townsend's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Park Settlement, TN: higher priced homes
- Walland, TN: higher priced homes
- Wear Valley, TN: higher priced homes
- Tallassee, TN: higher priced homes
- Maryville, TN: higher priced homes
- Pigeon Forge, TN: equally priced homes
- Alcoa, TN: higher priced homes
- Gatlinburg, TN: higher priced homes
- Friendsville, TN: higher priced homes
- Pittman Center, TN: equally priced homes
Cities with Similar Populations
- Belgium, WI: higher priced homes
- Bethel, PA: equally priced homes
- Bracey, VA: higher priced homes
- Britton, MI: equally priced homes
- Brodheadsville, PA: higher priced homes
- Canadian Lakes, MI: equally priced homes
- Godwin, NC: less expensive homes
- Richfield Springs, NY: less expensive homes
- Midland, VA: higher priced homes
- Millerton, NY: higher priced homes
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