Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elm Springs area can be challenging. Home prices in Elm Springs are now at a median cost of $127,900, lower than the Tennessee average of $218,916.
The average cost of rent is $654/mo in Elm Springs, primarily driven by the current value of real estate in the Elm Springs area. While nearly 46.96% of residents own their homes outright in Elm Springs, 16.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elm Springs is $4,757 per month. Households that rent pay about 13.75% of their income on rent here. Elm Springs's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Williams Springs, TN: equally priced homes
- Washburn, TN: less expensive homes
- Sandlick, TN: equally priced homes
- Pennington Chapel, TN: equally priced homes
- Chittum, TN: equally priced homes
- New Tazewell, TN: less expensive homes
- Puncheon Camp, TN: less expensive homes
- Rose Hill, TN: higher priced homes
- Springdale, TN: equally priced homes
- Powder Springs, TN: equally priced homes
Cities with Similar Populations
- Crisp, IL: less expensive homes
- Sunset, AR: less expensive homes
- Willsboro Point, NY: higher priced homes
- Wilpen, PA: equally priced homes
- Dalewood, SC: equally priced homes
- Cypress, LA: higher priced homes
- Tabernacle, AL: higher priced homes
- Taff, AL: less expensive homes
- Taft, SC: less expensive homes
- Sumner, MO: less expensive homes
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