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These days, finding an affordable place to live in the Walnut Grove area can be challenging. Home prices in Walnut Grove are now at a median cost of $146,401, lower than the Tennessee average of $315,131.
The average cost of rent is $774/mo in Walnut Grove, primarily driven by the current value of real estate in the Walnut Grove area. In Walnut Grove, 15.38% of households rent, and 59.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Walnut Grove is $5,004 per month. Households that rent pay about 15.47% of their income on rent here. Walnut Grove’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lowryville, TN: equally priced homes
- Waterloo, AL: higher priced homes
- Lutts, TN: equally priced homes
- Gillises Mills, TN: less expensive homes
- Crossroads, TN: less expensive homes
- Wright, AL: higher priced homes
- Pickwick Dam, TN: higher priced homes
- Pyburns, TN: less expensive homes
- Nixon, TN: equally priced homes
- Counce, TN: higher priced homes
Cities with Similar Populations
- Revive, MS: less expensive homes
- Mountain Glen, IL: higher priced homes
- Prater, VA: less expensive homes
- Pratt, WV: less expensive homes
- Rabbs Prairie, TX: higher priced homes
- Randall, IA: higher priced homes
- Raymilton, PA: equally priced homes
- Reeves Crossing, DE: higher priced homes
- Reka, GA: higher priced homes
- Mount Wilson, PA: higher priced homes
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