Monday, December 21, 2020

5 Safe, Affordable Neighborhoods in Nashville

Lebanon is another Nashville suburb with its own economic hub. The area is buzzing with emerging businesses, but it’s still quiet and appealing to families and retirees. Overall housing prices remain affordable, with the exception of the multi-million dollar mansions along Old Hickory Lake.

affordable homes near nashville tn

Nashville TN has been in a housing boom for the past several years and has pushed home ownership out of reach for most middle-class home buyers. We have 2 major lakes for water sports, Old Hickory Lake and Percy Priest Lake. The Warner Parks cover over 2650 acres and have hiking and bike trails, 2 golf courses, and an equestrian center which is the home of the Iroquois Steeplechase each May. They also have the largest old growth forest east of the Mississippi. Nashville has many attributes which make it a great place to live. People are friendly, the weather is generally pleasant, and the landscape is beautiful.

Public Housing Agencies Serving Nashville, Tennessee

Please contact me with any home buying questions you might have. Known for being one of the most lively, energetic cities in the country, Nashville can also be pretty pricey. However, there are plenty of awesome suburbs in the area that make it easy to experience the big city life on a budget. Nashville is a city in Davidson County, Tennessee with a population of 634,512.

affordable homes near nashville tn

We sorted our findings by location and average sale price, as opposed to the average price per square foot. We felt the average sale price gives a more realistic representation of a location’s affordability. In this article, we’re breaking down the most affordable Nashville suburbs.

Some Clarification Is Needed On Our List Below

One of the best neighborhoods in Nashville for those who’d prefer to live a little farther outside of the city is Green Hills! With a good mix of housing options from affordable apartments and townhomes to cozy bungalows and two-story Colonials, you can find the perfect home for your needs in this neighborhood. For families who want good local schools, Green Hills is also home to some of Nashville’s top public schools likeJulia Green Elementary SchoolandJ.T. Moore Middle School. Last on our list of affordable Nashville suburbs is Gallatin. There’s plenty of outdoor activities to do here, especially for those who enjoy being close to the water.

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.

Cheap Homes for Sale in Nashville, TN

Columbia may sit 45 miles out from Nashville’s city center, but the low-priced homes make the distance worth it. Also, many of the homes here feature an abundance of land. The small-town Southern vibe is easy to love, and its prominent arts and music scene make it even better. You can find a great deal on many of the homes in La Vergne, Tennessee.

affordable homes near nashville tn

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.

ColdwellBanker and see what this great growing city with a small town feel has to offer. There are lots of jobs, shopping, and entertainment options of its own to enjoy here in Clarksville, yet it’s only an easy 45 min commute to Music City. ¹ Based on Rocket Mortgage data in comparison to public data records.

affordable homes near nashville tn

Due to its premier location and affordable home prices, you’ll want to act fast for purchasing a property here. It’s important to note, as with any suburb, you’ll find parts that are expensive and parts that are more affordable. All statistics referenced are based on single-family home sales from the past year in Middle Tennessee.

However, a location’s affordability doesn’t indicate that an area is dangerous, and vice versa. To gain a thorough understanding of an area’s overall safety and reported crime, we recommend checking out Crime Mapping. How much house you can afford, check out the 10 best affordable Nashville suburbs within driving distance of the city. That way you can make the right decision for your homebuying needs. Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.

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.

We have what you are looking for in regards to affordable homes in Nashville TN.Our Network of Brokers and Agents will help you every step of the way. HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Nashville, the AMI is calculated from all households within Davidson County. Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Nashville, a household making less than $2,907 a month would be considered overburdened when renting an apartment at or above the median rent. 47.42% of households who rent are overburdened in Nashville.

affordable homes near nashville tn

Watertown may be small in size, but its charm and affordable home prices are sure to win you over. It’s also one of the safest places to live in Tennessee, with only 14 reported crimes for last year. With all that this Southern city has to offer, it’s no wonder that nearly 690K residents live in Nashville and many out-of-towners are moving in.

Great location in Belle Meade with 2 grocery stores, Starbuck, and the Green way across the street. Building was built in 1942, very solid but with high maintenance costs. These condos don't even show up on searches for people looking to move to this area because they wouldn't expect to find something so affordable in this location. Reasons to find houses to buy in Nashville are at an all time high. Try our tenant screening, or post rental listings to Zumper, Craigslist Nashville, and more. Are you planning to make the transition from renting to owning soon?

affordable homes near nashville tn

The average voucher holder contributes $400 towards rent in Nashville. There are no open Section 8 Housing Choice Voucher waiting lists in Nashville. Go to theTennessee Section 8 Waiting Lists page for openings near Nashville. Lastly, many of the Nashville suburban homes also fall within an HOA or homeowners association. The responsibilities and benefits of an HOA can vary depending on the area. However, the monthly HOA fees can be hefty and could impact your budget.

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