Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Alcoa area can be challenging. Home prices in Alcoa are now at a median cost of $207,941, lower than the Tennessee average of $218,916.
The average cost of rent is $909/mo in Alcoa, primarily driven by the current value of real estate in the Alcoa area. While nearly 45.93% of residents own their homes outright in Alcoa, 31.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alcoa is $4,703 per month. Households that rent pay about 19.32% of their income on rent here. Alcoa's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Louisville, TN: higher priced homes
- Rockford, TN: less expensive homes
- Maryville, TN: higher priced homes
- Friendsville, TN: equally priced homes
- Walland, TN: higher priced homes
- Tallassee, TN: higher priced homes
- Farragut, TN: higher priced homes
- Greenback, TN: equally priced homes
- Seymour, TN: equally priced homes
- Glendale, TN: higher priced homes
Cities with Similar Populations
- Stevensville, MD: higher priced homes
- Zapata, TX: less expensive homes
- Macclenny, FL: less expensive homes
- Half Moon Bay, CA: higher priced homes
- Harvard, IL: less expensive homes
- Polk City, FL: less expensive homes
- Oakland, NJ: higher priced homes
- Moulton, AL: less expensive homes
- Ponte Vedra Beach, FL: higher priced homes
- Duson, LA: less expensive homes
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