Much like the surrounding areas, it's significantly less expensive compared to the rest of the nation. However compared to the city of Memphis, it's a little less expensive.
Home prices
The median home in Ashland costs $83,000. Compared to its nearby areas it is is very similar.Compared to the United States as a whole it is approximately $134,500 (61%) lower, and compared to the city of Memphis is approximately $18,800 (18%) lower.
Rents
Ashland's median monthly rent is $613. Compared to the surrounding areas it is about $54 (9%) higher.It is approximately $449 (42%) lower compared to the country as a whole, and in comparison to the city of Memphis is about $288 (31%) lower.
Nearby places
Snow Lake Shores
Snow Lake Shores is approximately 3 miles west from Ashland. The housing prices there are pretty similar. The median home in Snow Lake Shores costs $86,600, which works out to $3,600 (4%) higher than Ashland. Its rents are a bit less expensive. In Snow Lake Shores the median monthly rent is $575, which comes out to $38 (6%) lower than Ashland.
Falkner
Falkner is approximately 11 miles east from Ashland. Real estate prices there are a lot less expensive. The median home value in Falkner is $60,800, which comes out to $22,200 (36%) lower than Ashland. The rent there is a little less expensive. In Falkner the median rent is $528 a month, which comes out to $85 (16%) lower than Ashland.
Ripley
Ripley is approximately 13 miles southeast from Ashland. Its real estate prices are a bit more expensive. The median home in Ripley costs $116,000, which works out to $33,000 (28%) higher than Ashland. Rents there are similar. The median rent in Ripley is $599 per month, which works out to $14 (2%) lower than Ashland.
Blue Mountain
Blue Mountain is roughly 13 miles southeast from Ashland. The housing prices there are a bit less expensive. The median home value in Blue Mountain is $68,600, which is $14,400 (20%) lower than Ashland. Its rents are substantially less expensive. Blue Mountain's median monthly rent is $419, which works out to $194 (46%) lower than Ashland.
Holly Springs
Holly Springs is about 14 miles west of Ashland. The housing prices there are fairly similar. The median home in Holly Springs costs $85,200, which is $2,200 (2%) higher than Ashland. The rent there is a bit more expensive. The median rent in Holly Springs is $674 a month, which is $61 (9%) higher than Ashland.
