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Home » United States » Where is the cheapest place to buy a house in Tennessee?

Where is the cheapest place to buy a house in Tennessee?

December 14, 2021 by Sadie Daniel

Memphis. Memphis is by far the most affordable of Tennessee’s major cities. With a population of over 650,000 and growing, Memphis is the second largest city in Tennessee and 25th largest in the United States. And with a median home value of $85,900, Memphis offers big city amenities at a fraction of the cost.

Contents

Where is the cheapest real estate in Tennessee?

Most affordable places to live in Tennessee

Rank City Annual Property Tax
1 Atoka, TN $1,335
2 Oakland, TN $836
3 La Follette, TN $481
4 Humboldt, TN $735

What is the most affordable county in Tennessee?

The cheapest county to live in is Van Buren County with a median home price of $98,000. There are 10 especially affordable cities with lots to offer in Tennessee, where many have relocated.

Is it cheap to live in the state of Tennessee?

Is it expensive to live in Tennessee? In short, no, Tennessee is actually a very inexpensive place to live. According to the 2021 Cost of Living Index, Tennessee ranks sixth place for lowest cost of living in the United States.With a score of 88.7, Tennessee comes in well below the national average.

Where is the least expensive place to buy a home?

1. Detroit, Michigan. The Motor City tops the list of most affordable places to buy a home. Despite the median salary being among the lowest of the affordable cities on this list, so are home prices.

Where is the cheapest and safest place to live in Tennessee?

Alcoa is the cheapest place to live in Tennessee. The median home value is around $146,500 and monthly apartment rentals are around $700 per month. There are also many other affordable cities in Tennessee that attract many people to move to the state.

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What is the best small town to live in in Tennessee?

Gatlinburg. Gatlinburg is another one of our favorite small towns in Tennessee because there are so many things to do. The town is situated right near the Great Smoky Mountains, which makes it a great stop on any mountain trips. Gatlinburg is a wonderful small town in Tennessee that has something to interest everyone.

Where is the cheapest safest place to live?

America’s Safest (and Most Affordable) Places to Live

  • Aurora, Illinois.
  • Killeen, Texas.
  • Lubbock, Texas.
  • Boise, Idaho. Metro area: Boise City-Nampa.
  • Edmond, Oklahoma. Metro area: Oklahoma City.
  • Fort Wayne, Indiana. Metro area: Fort Wayne.
  • El Paso, Texas. Metro area: El Paso.
  • Brownsville, Texas. Metro area: Brownsville-Harlingen.

What is the prettiest town in Tennessee?

Gatlinburg
We’re excited to report that one of our favorite Smoky Mountain cities has received a major honor! Architectural Digest recently compiled a guide to “The Prettiest Town in Every U.S. State,” and Gatlinburg was chosen to represent Tennessee.

Is it cheaper to live in TN or NC?

The state overall has a cost of living that is 9.6% below the national average—and is also lower than that of both North and South Carolina, according to Sperling’s Best Places. Additionally, Tennessee’s state and local tax burden is the third-lowest in the nation, according to the nonpartisan Tax Foundation.

Where can I live cheaply?

10 best and cheapest countries to live in

  1. Vietnam. For those wanting to live and work in an exotic place, but not pay a fortune, Vietnam is any budget travelers dream.
  2. Costa Rica.
  3. Bulgaria.
  4. Mexico.
  5. South Africa.
  6. China.
  7. South Korea.
  8. Thailand.
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Where is the safest place to live in Tennessee?

Here are SafeWise’s top 20 safest cities in Tennessee:

  • Church Hill. Population: 6,671.
  • Signal Mountain. Population: 8,605.
  • Mount Carmel. Population: 5,295.
  • Oakland. Population: 8,323.
  • Whiteville. Population: 4,466.
  • Camden. Population: 3,573.
  • Pleasant View. Population: 4,686.
  • Brentwood. Population: 43,217.

Is it cheaper to live in Knoxville or Nashville?

Knoxville is 15.7% less expensive than Nashville-Davidson. Knoxville housing costs are 33.8% less expensive than Nashville-Davidson housing costs. Health related expenses are 1.0% less in Knoxville.

Where is the cheapest and nicest place to live?

Here are the top 10 most affordable cities to live in the U.S., according to the Council for Community and Economic Research’s Cost of Living report.

  • Cedar Park, Texas.
  • Midland, Texas.
  • Ogden, Utah.
  • Raleigh, North Carolina.
  • Provo, Utah.
  • Des Moines, Iowa.
  • Austin, Texas.
  • Minneapolis, Minnesota.

Is it cheaper to live in Georgia or Tennessee?

South Carolina and Georgia are the most expensive states to live in the Southeast, and Tennessee is the least expensive state to live in with low property taxes and no state income tax.Collecting data for cost of living and tax burden can be, well, taxing.

Why are houses so cheap in Tennessee?

This is mostly due to the majority of the state being in rural areas and the lack of a state income tax. While cities such as Nashville have high housing costs, this is balanced by below average costs of transportation, healthcare and child care.

What are the dangers of living in Tennessee?

Be careful of the dangers, y’all – we warned ya. Without further ado, here are some of the biggest risks of living in Tennessee.
Here Are The 9 Biggest Risks Living In The State of Tennessee

  • Rapid weather changes.
  • Humidity.
  • Tornados.
  • Stars in your eyes.
  • Rabid football fans.
  • Too much of a good thing.
  • Flooding.
  • Snakes!
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Where is the best rural place to live in Tennessee?

The 10 Best Rural Places to Live in Tennessee

  • Jonesborough. If you like a town to come steeped in history, you’ll struggle to find one that suits the brief better than Jonesborough.
  • Cosby.
  • Smithville.
  • Sewanee.
  • Greeneville.
  • Tellico Plains.
  • Lynchburg.
  • Granville.

What town in Tennessee has the lowest crime rate?

Church Hill is the safest city in Tennessee for the second year running, with no violent crimes reported and only 10 property crimes. The violent crime rate in the safest cities is 1.0 incidents per 1,000 people.

Where should I move to in Tennessee?

9 Best Places to Live in Tennessee

  1. Nashville. You guessed it, “Music City” has made our list.
  2. Brentwood.
  3. Franklin.
  4. Germantown.
  5. Collierville.
  6. Nolensville.
  7. Murfreesboro.
  8. Oak Ridge.

Where can I live for $500 a month?

5 Places to Retire for Under $500 per Month

  • Leon, Nicaragua.
  • Medellin, Colombia.
  • Las Tablas, Panama.
  • Chiang Mai, Thailand.
  • Languedoc-Roussillon, France.
  • Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group.

Filed Under: United States

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About Sadie Daniel

Sadie Daniel is an adventurer at heart. She loves to travel and explore new places. Her thirst for adventure has taken her all over the world, and she's always looking for her next big thrill. Sadie is also a lover of animals, and has been known to rescue stray cats and dogs in her neighborhood. She is a kind-hearted person who enjoys helping others, and she would do anything for her family and friends.

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