Most Affordable Neighborhoods in Hendersonville - 2026 Data
The median home value in Hendersonville is $364,700, 29% above nat'l avg. Median rent is $1,363/month. With an affordability index of 102, Hendersonville is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Hendersonville, TN area.
Key Takeaways: Affordability in Hendersonville
- 1The most affordable neighborhood in Hendersonville is Memphis, with a median home value of $135,000.
- 2Hendersonville's median home value is $364,700, 29% above nat'l avg (national: $281,900).
- 3Hendersonville's affordability index is 102 (baseline 100), making it more affordable than the national average.
- 4Median rent in Hendersonville is $1,363/month, 17% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Hendersonville to find the most affordable areas based on home values, rent, and affordability index.
Hendersonville Affordability Overview
Median Home Value
$364,700
29% above nat'l avg
Median Rent
$1,363/mo
17% above nat'l avg
Median Income
$86,954
17% above nat'l avg
Affordability Index
102
Near nat'l avg
Most Affordable Neighborhoods in Hendersonville (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | MemphisTN | $135,000 |
| 2 | NashvilleTN | $365,000 |
| 3 | ClevelandTN | $225,700 |
| 4 | JacksonTN | $169,300 |
| 5 | SmyrnaTN | $285,200 |
| 6 | ColliervilleTN | $409,000 |
| 7 | NolensvilleTN | $601,900 |
| 8 | BrownsvilleTN | $108,300 |
| 9 | AlcoaTN | $216,100 |
| 10 | ArlingtonTN | $338,900 |
| 11 | ManchesterTN | $202,200 |
| 12 | KingsportTN | $181,600 |
| 13 | Spring HillTN | $389,800 |
| 14 | AthensTN | $182,100 |
| 15 | FranklinTN | $574,000 |