Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cotton Lake area can be challenging. Home prices in Cotton Lake are now at a median cost of $89,464, lower than the Tennessee average of $218,916.
The average cost of rent is $766/mo in Cotton Lake, primarily driven by the current value of real estate in the Cotton Lake area. While nearly 74.82% of residents own their homes outright in Cotton Lake, 31.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cotton Lake is $5,428 per month. Households that rent pay about 14.11% of their income on rent here. Cotton Lake's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Orysa, TN: equally priced homes
- Shepp, TN: higher priced homes
- Stanton, TN: higher priced homes
- Tabernacle, TN: higher priced homes
- Durhamville, TN: equally priced homes
- Solo, TN: higher priced homes
- Nutbush, TN: higher priced homes
- Rialto, TN: higher priced homes
- Tibbs, TN: higher priced homes
- Sunnyhill, TN: higher priced homes
Cities with Similar Populations
- Carlton, KS: higher priced homes
- California Junction, IA: higher priced homes
- San Pablo, CO: higher priced homes
- Campbell, AL: higher priced homes
- Wright, IA: higher priced homes
- Requa, CA: higher priced homes
- Canton, KY: higher priced homes
- Capehart, WV: higher priced homes
- Carbondale, WV: higher priced homes
- Caledonia Park, PA: higher priced homes
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