Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Tranquillity area can be challenging. Home prices in Tranquillity are now at a median cost of $147,392, lower than the Tennessee average of $218,916.
The average cost of rent is $736/mo in Tranquillity, primarily driven by the current value of real estate in the Tranquillity area. While nearly 45.07% of residents own their homes outright in Tranquillity, 15.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tranquillity is $4,997 per month. Households that rent pay about 14.74% of their income on rent here. Tranquillity's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Murray Store, TN: equally priced homes
- Union Grove, TN: higher priced homes
- Peakland, TN: less expensive homes
- Clearwater, TN: equally priced homes
- Niota, TN: equally priced homes
- Forest Grove, TN: less expensive homes
- Erie, TN: equally priced homes
- Riddles Store, TN: less expensive homes
- Ten Mile, TN: equally priced homes
- Tellico Hills, TN: higher priced homes
Cities with Similar Populations
- Brighton Beach, SC: higher priced homes
- Stottville, NY: higher priced homes
- Stonewall, VA: higher priced homes
- Buttzville, NJ: higher priced homes
- Butler, IL: less expensive homes
- Burnips, MI: higher priced homes
- Burdick, IN: higher priced homes
- Buckhorn, KY: less expensive homes
- Brush Ridge, OH: equally priced homes
- Brookside, NJ: higher priced homes
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