10 Most Affordable Nashville Suburbs
These Are The 10 Most Affordable Nashville Suburbs
- Spencer McKee
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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.
Here are the 10 most affordable suburbs in the Nashville area.
1. White Bluff
Key Stats:
- Median household income: $45,637
- Median home value: $117,800
A tiny town of around 3,000 residents, White Bluff tops this list thanks to a high level of overall affordability in each category we looked at. The cost of living is very low, homes are affordable, and the people don’t spend all of their paychecks on bills each month.
If you’re looking for a great place to live on a budget while still having access to Nashville, this might be the town for you.
2. Greenbrier
Key Stats:
- Median household income: $52,500
- Income spent on rent: 19.4 percent
Only 23 miles north of Nashville, Greenbrier is a great suburb with a small community feel. While this city is away from the hustle and bustle of being downtown, its close proximity to Nashville will give you access to all of the world class shopping and entertainment you want.
Perfect for people that don’t necessarily want to live in a huge city, but still want all the amenities, Greenbrier is the best of both worlds.
3. La Vergne
Key Stats:
- Income spent on rent: 28.4 percent
- Median home value: $132,200
Taking into account the median household income and median home value, La Vergne is the most affordable suburb on our list. While the home value is a little higher than some of these other Nashville suburbs, the median household income is also boosted quite a bit.
Another plus for this town is that the local industry is booming, as this city is home to one of two huge printing plants for the international Lightning Source publishing company, as well as large employment centers for Bridgestone/Firestone Inc. and Schneider Electric.
4. Burns
Key Stats:
- Income spent on rent: 28.8 percent
- Median home value: $129,900
Hopefully Burns’ 1,500 residents won’t mind that we’re sharing their secret about how awesome their tiny town is. The cost of living here is extremely low, meaning that every dollar you spend here will stretch a long way.
With an average household income of close to $50,000, this is a great place to save some dough during the early stages of your career in the Nashville area.
5. Springfield
Key Stats:
- Median household income: $38,750
- Median home value: $129,300
With several local parks, it’s easy to relax in this beautiful part of the state at places like the J. Travis Price Park and Garner Street Park. Plus, Springfield is only a 30 minute drive from all the awesome live music in Nashville.
This a great place for a young family that’s new to the Nashville area as they’ll be able to find plenty of things to do in the local area without blowing their bank account.
6. Smyrna
Key Stats:
- Income spent on rent: 28.6 percent
- Median household income: $51,539
Smyrna was listed by U.S. News & World Report as one of the best places in the country to retire, probably because a retirement fund can be stretched pretty far there. With an average home value of $150,000, expect to find neighborhoods that are nice and affordable.
A town that started as an agrarian community on a railroad, Smyrna has since grown into an economic and recreational powerhouse of the region. With huge employers like Nissan, Asurion, and Taylor Farms in the area, finding a good job won’t be too difficult. There are also 10 parks in the area and seven miles of greenway trails for running and biking.
7. Ashland City
Key Stats:
- Median household income: $38,984
- Median home value: $117,600
Nestled on the banks of the Cumberland River, Ashland City is regularly recognized for how beautiful the local area is, with tons of outdoor recreational hotspots and stunning views. It’s definitely a place where you’ll want to have a boat and the good news is, you’ll probably be able to afford it.
While the median household income might seem a bit low, it’s important to note that the cost of living and cost of home ownership is on the lower side as well, making Ashland City a very affordable suburb to call home, especially with so much natural beauty to enjoy.
$80,0001657 Neptune Rd, Ashland City
8. Cross Plains
Key Stats:
- Income spent on rent: 23.3 percent
- Median household income: $50,096
Another tiny town of less than 2,000 residents, Cross Plains is great for commuters. While the lower population means that there won’t be as much going on locally, the very low percentage spent on rent means there’s plenty of money left over to basically make Nashville your second home.
Offering the quintessential small town life, Cross Plains is definitely worth checking out if you’re trying to find a spot near Nashville on a budget.
9. White House
Key Stats:
- Median home value: $173,800
- Income spent on rent: 30.7 percent
The Nashville suburb of White House is only 22 miles from downtown. With a fun and friendly local atmosphere, this city has put a ton of effort into bringing new business to the community in recent years.
The future’s looking bright in White House, meaning that you should take advantage of it’s affordability while you still can.
10. Gallatin
Key Stats:
- Median home value: $159,000
- Median household income: $68,021
Home to great schools, great roads, and a low tax rate, the Nashville suburb of Gallatin really is the total package. With over 30,000 residents and a beautiful location on the Cumberland River, there’s always something going on here.
Aside from having six parks and plenty of recreational sports, Gallatin is also home to huge companies like Gap, Inc. RR Donnelley, and Servpro Industries, Inc.
Search Homes For Sale In Gallatin
Our Methodology
To create this list of affordable Nashville suburbs, we considered the following criteria, taking into account what people on a budget might be most interested in:
- Cost of living
- Median home value
- Percentage of income spent on rent
- Affordability ratio (median home value divided by median household income)
We then averaged those scores into one overall score and the places with the ten lowest scores made up our list of the ten most affordable Nashville suburbs.
For this list, we sourced data from AreaVibes, business listings, and the 2013 U.S. Census American Community Survey.
Want to see how all 21 Nashville suburbs stacked up? Take a look at the table below:
