Most Affordable Neighborhoods in Tennessee (2026 Rankings)
Finding affordable places to live in Tennessee starts with data. We ranked 25 neighborhoods by affordability index, where a score above 100 indicates housing that is more affordable than the national average.
Affordability Index: 148
Home Value: $135,000
Median Income: $41,228
Median Rent: $1,416/mo
Property Tax: $3,153/yr
Affordability Index: 125
Home Value: $365,000
Median Income: $59,828
Median Rent: $2,078/mo
Property Tax: $3,303/yr
Affordability Index: 114
Home Value: $284,000
Median Income: $68,633
Median Rent: $1,133/mo
4
Affordability Index: 114
Home Value: $139,700
Median Income: $48,981
Median Rent: $1,133/mo
5
Affordability Index: 102
Home Value: $182,100
Median Income: $50,150
Median Rent: $1,363/mo
Property Tax: $1,777/yr
6
Affordability Index: 102
Home Value: $574,000
Median Income: $106,592
Median Rent: $1,363/mo
Property Tax: $1,777/yr
7
Affordability Index: 102
Home Value: $601,900
Median Income: $158,266
Median Rent: $1,363/mo
Property Tax: $1,777/yr
8
Affordability Index: 102
Home Value: $202,200
Median Income: $53,639
Median Rent: $1,363/mo
Property Tax: $1,777/yr
9
Affordability Index: 102
Home Value: $108,300
Median Income: $38,662
Median Rent: $1,363/mo
10
Affordability Index: 102
Home Value: $216,100
Median Income: $63,580
Median Rent: $1,363/mo
Property Tax: $1,777/yr
11
Affordability Index: 102
Home Value: $181,600
Median Income: $48,228
Median Rent: $1,363/mo
Property Tax: $1,777/yr
12
Affordability Index: 102
Home Value: $285,200
Median Income: $76,115
Median Rent: $1,363/mo
Property Tax: $1,777/yr
13
Affordability Index: 102
Home Value: $389,800
Median Income: $104,880
Median Rent: $1,363/mo
Property Tax: $1,777/yr
14
Affordability Index: 102
Home Value: $409,000
Median Income: $129,729
Median Rent: $1,363/mo
Property Tax: $1,777/yr
15
Affordability Index: 102
Home Value: $842,400
Median Income: $181,576
Median Rent: $1,363/mo
Property Tax: $1,777/yr
16
Affordability Index: 102
Home Value: $161,700
Median Income: $45,938
Median Rent: $1,363/mo
Property Tax: $1,777/yr
17
Affordability Index: 102
Home Value: $225,700
Median Income: $52,468
Median Rent: $1,363/mo
Property Tax: $1,777/yr
18
Affordability Index: 102
Home Value: $240,000
Median Income: $88,173
Median Rent: $1,363/mo
Property Tax: $1,777/yr
19
Affordability Index: 102
Home Value: $235,800
Median Income: $58,110
Median Rent: $1,363/mo
Property Tax: $1,777/yr
20
Affordability Index: 102
Home Value: $325,800
Median Income: $63,698
Median Rent: $1,363/mo
Property Tax: $1,777/yr
21
Affordability Index: 102
Home Value: $381,400
Median Income: $108,066
Median Rent: $1,363/mo
Property Tax: $1,777/yr
22
Affordability Index: 102
Home Value: $364,700
Median Income: $86,954
Median Rent: $1,363/mo
Property Tax: $1,777/yr
23
Affordability Index: 102
Home Value: $351,400
Median Income: $71,328
Median Rent: $1,363/mo
Property Tax: $1,777/yr
24
Affordability Index: 102
Home Value: $135,400
Median Income: $42,620
Median Rent: $1,363/mo
Property Tax: $1,777/yr
25
Affordability Index: 102
Home Value: $169,300
Median Income: $48,058
Median Rent: $1,363/mo
Property Tax: $1,777/yr
More Tennessee Guides
Safest Neighborhoods in Tennessee
ranked by lowest violent crime rates
Most Walkable Neighborhoods in Tennessee
ranked by Walk Score
Best Neighborhoods for Families in Tennessee
ranked by safety, walkability, and homeownership
Best Neighborhoods for Retirees in Tennessee
ranked by safety and affordability
Neighborhoods with the Cleanest Air in Tennessee
ranked by Air Quality Index
Best Neighborhoods for Commuters in Tennessee
ranked by transit score
Best Neighborhoods for Biking in Tennessee
ranked by bike score
Quietest Neighborhoods in Tennessee
ranked by lowest road noise levels
Lowest Crime Neighborhoods in Tennessee
ranked by lowest property crime rates
Highest Homeownership Neighborhoods in Tennessee
ranked by homeownership rate
Most Affordable Rent Neighborhoods in Tennessee
ranked by lowest median rent
Highest Income Neighborhoods in Tennessee
ranked by median household income
Lowest Unemployment Neighborhoods in Tennessee
ranked by lowest unemployment rate
Best Climate-Resilient Neighborhoods in Tennessee
ranked by lowest climate risk score
Lowest Cost of Living Neighborhoods in Tennessee
ranked by lowest electricity rates
Lowest Property Tax Neighborhoods in Tennessee
ranked by median annual property tax
Best Neighborhoods for First-Time Buyers in Tennessee
ranked by affordability index
Best Neighborhoods with Public Transit in Tennessee
ranked by transit score
Best Neighborhoods for Young Professionals in Tennessee
ranked by walkability score
Greenest Neighborhoods in Tennessee
ranked by best air quality
Most Populated Neighborhoods in Tennessee
ranked by population
Lowest Poverty Rate Neighborhoods in Tennessee
ranked by lowest poverty rate
Highest Home Value Neighborhoods in Tennessee
ranked by median home value
Most Affordable Housing Neighborhoods in Tennessee
ranked by lowest median home value
Safest Neighborhoods (Low Property Crime) in Tennessee
ranked by lowest property crime rates