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It would be impossible to guarantee that the current-day affordable Nashville suburbs will continue to remain affordable. As Nashville continues to be the “it” city, it’s likely that prices will rise in many different locations. For now, we’re encouraging those on the hunt for a bargain to capitalize on the deals within these areas now. Nashville has a median home sale price of $440K, a 11.4% increase from last year. Homes stay on the market for an average of 62 days and receive an average of 2 offers.
It is called Music City, USA, and home to Grand Ole Opry, the Country Music Hall of Fame, and many record labels. Since the city is home to numerous post-secondary educational institutions; it has long been compared to Athens, the ancient city of learning. Two of the most notable institutions are Vanderbilt University and Belmont University.
Homes for sale close to Nashville
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You can search aspecific area in Nashville and get an idea of the average rental income. If you look at the rental comps, you can see the property type and what they’re making every month. If you are planning to buy a home or preparing to sell your current home, please contact me to assist you. Classic southern hospitality is warm and sweet making Nashville Tennessee one of the most welcoming and friendly cities you will ever find in the USA! From the amazing culture to the historic homes and properties for sale, Nashville is a city of prosperity and opportunity. Please use our website to help you get started exploring Affordable Homes For Sale Near Nashville Tn, beginning with my Nashville Tennessee lifestyle page.
Affordable Homes in Nashville TN
In fact, the cost of fun can even come at a much lower price tag compared to Nashville’s city center. Standard food costs, drinks, and even shopping can run you higher in the metropolitan hub than in many of the surrounding suburbs. Affordability based on whether a suburb is less than the median sale price of Nashville and under a 45 minute drive from downtown Nashville.
This suburb makes our list strictly due to the average home prices located in Maury County. Keep in mind, the prices will vary if you’re searching on the Williamson County side primarily due to the notable schools. However, even with the influx in new development, many of the homes in Spring Hill within Maury County are reasonably priced. Distance isn’t a problem for those living in White’s Creek. This suburb sits only 12 miles from Nashville’s downtown region.
Affordable Things To Do That Won’t Break The Bank
You’ll want to factor in your total expenses before making a final decision. Upfront a low-priced home may seem like a great deal, but you’ll want to always look at the overall picture. Living in the suburbs doesn’t mean you’ll have to compromise on having fun.
Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. Goodlettsville is only a short 20-minute commute from Music City, however, this area is its own economic hub. Many notable corporations, such as Tyson and Dollar General, have their headquarters located in Goodlettsville. The area also has a number of great parks and recreational centers. With so much to offer, we don’t anticipate the home prices to stay low for long.
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There are 254,729 households in the city with an average household size of 2.40 persons. There are 6,325 affordable apartments in Nashville that offer reduced rents to low-income households. Not only is it Nashville’s largest suburb, but it’s also the sixth most populous city in the state. It even made the cut for being one of the top places to live in the United States. The fact that this location is relatively inexpensive is the cherry on top that you won’t want to miss! We don’t suggest waiting on these deals as the housing market here is competitive.
Daily ticket prices are reasonable, and guests are even welcome to bring in their own food. Also not far from Downtown Nashville is Arrington Vineyards, a beautiful wine vineyard situated amongst the rolling green hills. Admission is free and guests can also bring food for a picnic. Mark your calendars for Music in the Vines, a free concert that takes place at the vineyard every Saturday and Sunday between the months of April and October. In order to provide you with the most accurate information, we’ll be analyzing historical data provided from the MLS . The statistics we examined are single-family home sales from the past year in Middle Tennessee.
The housing inventory is fairly high, which is helping to keep costs low. While you can surely find a handful of upscale developments in the area, many of the single-family homes are still reasonably priced. Across the Cumberland River in East Nashville, you’ll find the Historic Edgefield neighborhood. It’s not just the affordable home prices and close proximity to downtown! Location is everything if you’re on the hunt for affordable housing in Spring Hill.
No racist, discriminatory, vulgar or threatening language will be tolerated. One of The Biggest challenges people have with Nashville Real Estate is investing the time to find a great home without paying for that high Nashville Home Cost. On average, Section 8 Housing Choice vouchers pay Nashville landlords $700 per month towards rent.
Located just 45 minutes away from Nashville amenities including The Ryman, shopping, public services and employment centers. Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Affordable homes near Nashville TNare almost a thing of the past but there are still some pockets of great value left in the Nashville area. Located just 45 minutes away from Nashville amenities including The Ryman, shopping, public services, and employment centers.
It should also continue to appreciate in value as more people move to Music City, resulting in even more money in your pocket. And, you never know, maybe that suburb will even become the new popular hotspot. Many of the most affordable Nashville suburbs are also recognized as some of the safest places to live in Tennessee. As with any destination, you’ll notice some areas with higher reported crime and some sections with low crime.
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