According to the Zillow Home Value Index , Tennessee offers some remarkable affordable housing opportunities across its vibrant cities. You’ll find that over the past 15 years, these neighborhoods have experienced dramatic transformations that tell a compelling story about Tennessee’s evolving real estate landscape. The average home value in these 25 most affordable neighborhoods has skyrocketed from just $32,767 in 2010 to $122,494 in 2025, representing a phenomenal growth trajectory.
What might surprise you is the dominance of Chattanooga in this affordable housing landscape, with 14 of the 25 neighborhoods located in this scenic riverside city. Meanwhile, Memphis follows with 7 neighborhoods, Nashville contributes 3 condominium communities, and Knoxville rounds out the list with a single entry. This geographic distribution demonstrates how affordability hubs have shifted across the state’s major urban centers…