The Most Affordable Neighborhoods in Emory Gap, TN by Home Value

 

Emory Gap, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Emory Gap area can be challenging. Home prices in Emory Gap are now at a median cost of $133,200, lower than the Tennessee average of $218,916.

The average cost of rent is $523/mo in Emory Gap, primarily driven by the current value of real estate in the Emory Gap area. While nearly 60.62% of residents own their homes outright in Emory Gap, 29.08% rent.

Housing affordability isn’t just about home prices, though. The average household income in Emory Gap is $3,636 per month. Households that rent pay about 14.38% of their income on rent here. Emory Gap's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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