Home prices
The median home in Nashville is valued at $164,500. In comparison to nearby areas it is approximately $40,460 (32%) higher.In comparison to the nation as a whole it is about $53,000 (24%) lower, and it is approximately $36,200 (18%) lower compared to the city of Bloomington.
Rents
The median rent in Nashville is $742 per month. Compared to nearby areas it is about $167 (18%) lower.In comparison to the entire nation it is approximately $320 (30%) lower, and is approximately $175 (19%) lower in comparison to the city of Bloomington.
Nearby places
Morgantown
Morgantown is roughly 11 miles north from Nashville. Real estate prices there are substantially less expensive. The median home price in Morgantown is $95,000, which is $69,500 (73%) lower than Nashville. Rents there are a bit more expensive. The median monthly rent in Morgantown is $805, which comes out to $63 (7%) higher than Nashville.
Prince's Lakes
Prince's Lakes is approximately 11 miles northeast from Nashville. Its housing prices are somewhat less expensive. Prince's Lakes's median home price is $137,800, which works out to $26,700 (19%) lower than Nashville. Its rents are a lot more expensive. The median rent in Prince's Lakes is $1,125 per month, which works out to $383 (34%) higher than Nashville.
Trafalgar
Trafalgar is approximately 14 miles north of Nashville. The housing prices there are a bit less expensive. Trafalgar's median home cost is $125,800, which is $38,700 (30%) lower than Nashville. Its rents are a bit more expensive. The median monthly rent in Trafalgar is $928, which is $186 (20%) higher than Nashville.
Columbus
Columbus is roughly 14 miles east of Nashville. Housing prices there are pretty similar. The median home value in Columbus is $166,200, which is $1,700 (1%) higher than Nashville. Its rents are somewhat more expensive. Columbus's median monthly rent is $951, which works out to $209 (21%) higher than Nashville.
Edinburgh
Edinburgh is about 16 miles northeast from Nashville. The housing prices there are substantially less expensive. The median home price in Edinburgh is $95,400, which is $69,100 (72%) lower than Nashville. The rent there is fairly similar. The median monthly rent in Edinburgh is $737, which is very similar to Nashville.
