Housing costs in Midtown?
A typical home costs
$122,200, which is 63.9% less expensive than the national average of
$338,100 and 55.9% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Midtown costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 20.2% cheaper than the state average of
$1,070.
Can I afford Midtown?
To live comfortably in Midtown, Tennessee, a minimum annual income of
$23,400 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Midtown?
The cost of living in Midtown, TN is relatively low compared to other cities and towns in the state. The median home price in Midtown is about $180,000 which is much lower than the average home price in Tennessee, which is around $260,000. Rent prices are also very reasonable with a one-bedroom apartment typically costing between $700 and $900 per month. Utilities are reasonably priced, on average, and there is no state income tax in Tennessee so residents keep more of their earnings. Overall, Midtown offers a good quality of life at an affordable price point making it an attractive place to live for families and professionals looking for an affordable place to call home.