#1 Nashville, Tenn.
Our top pick offers affordable homes, a mild climate and a phenomenal entertainment scene that goes far beyond country.
What we loved: Hillsboro Village, for the acoustic guitars at Cotten Music, kitchenware at Davis Cookware and the triple chocolate mousse at Provence Breads & Cafeacute;.
Although "Music City" may have worked fine in the days of Hank Sr., our top pick among great, affordable places to live needs a new moniker. We suggest "Nashville: Music Is Just the Beginning."
Row 0 - Cell 0 | Slide Show of the Top Ten |
Row 1 - Cell 0 | Affordable Homes in Our Top Ten |
Row 2 - Cell 0 | Top 50 Smart Places |
Row 3 - Cell 0 | Find Your Own Best City |
Southern hospitality. Gently rolling hills with big, affordable homes. A mild climate (albeit with occasional tornadoes). Oh, yes, and a phenomenal entertainment scene that goes far beyond country.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
With such an appetizing mix, it's easy to see why Nashville keeps attracting people from across the nation, including other parts of Tennessee. It's a buckle of the Bible belt, but, says pharmaceutical sales rep Rusty Walker, "the area doesn't cater to a particular type of person." Rusty, 28, and his wife, Beth, 25, relocated from Knoxville, where he thought "real estate prices had maxed out." The couple was looking for a great place to start a family. Last summer, they bought a three-bedroom house for $230,000 in Gallatin, a 40-minute drive from Nashville's entertainment hot spots, which they frequent on weekends.
With more than 180 live-music venues featuring country, bluegrass, jazz, pop, rock and soul, Nashville has plenty of sounds to groove on. Its music industry rang up a cool $6 billion in 2004. But Nashville's health-care, education, manufacturing, finance and tourism industries hardly play second fiddle.
Nashville offers a wide range of housing choices. In the downtown area, just a short walk from art galleries and music meccas, two-bedroom condos in new or renovated buildings start at about $250,000. In East Nashville -- popular with musicians, artists and professionals for its proximity to downtown and its eclectic restaurants -- historic Victorian houses and Craftsman bungalows range from $275,000 to $350,000. And for a slice of Southern California at Nashville prices, check out Little Hollywood, a quirky selection of small, brightly painted stucco homes from the '30s and '40s in the rolling hills of Lockeland Springs.
For a more suburban feel, there are Franklin and Brentwood, two communities south of the city where four-bedroom single-family homes start at $355,000.
-- Magali Rheault
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
-
Here's How To Get Organized And Work For Yourself
Whether you’re looking for a side gig or planning to start your own business, it has never been easier to strike out on your own. Here is our guide to navigating working for yourself.
By Laura Petrecca Published
-
How to Manage Risk With Diversification
"Don't put all your eggs in one basket" means different things to different investors. Here's how to manage your risk with portfolio diversification.
By Charles Lewis Sizemore, CFA Published
-
How to Find Foreclosed Homes: Best Foreclosure Listings Sites
Making Your Money Last Find foreclosed homes for sale on these foreclosure listing websites. Search for properties on these free, paid or government sites.
By Bob Niedt Last updated
-
Luxury Home Prices Rise as the Rich Dodge High Mortgage Rates
Luxury home prices rose 9% to the highest third-quarter level on record, Redfin reports, growing nearly three times faster than non-luxury prices.
By Kathryn Pomroy Published
-
Four Tips for Renting Out Your Home on Airbnb
real estate Here's what you should know before listing your home on Airbnb.
By Miriam Cross Published
-
Five Ways to Shop for a Low Mortgage Rate
Becoming a Homeowner Mortgage rates are high this year, but you can still find an affordable loan with these tips.
By Daniel Bortz Last updated
-
Looking to Relocate? Plan for Climate Change
buying a home Extreme weather events are on the rise. If you’re moving, make sure your new home is protected from climate change disasters.
By Rivan V. Stinson Published
-
Retirees, A Healthy Condo Has a Flush Reserve Fund
Smart Buying Reserve funds for a third of homeowner and condo associations have insufficient cash, experts say. Here are some cautionary steps you should take.
By Patricia Mertz Esswein Published
-
Cash Home Buyers: New Services Offer Help Making All-Cash Offers
Becoming a Homeowner Some firms help home buyers make all-cash offers on homes. Weigh the fees before you sign on.
By Emma Patch Published
-
Home Sale Prices in the 50 Largest Metro Areas
Becoming a Homeowner What’s happening in the market where you live?
By the editors of Kiplinger's Personal Finance Published