Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Erie area can be challenging. Home prices in Erie are now at a median cost of $150,195, lower than the Tennessee average of $218,916.
The average cost of rent is $754/mo in Erie, primarily driven by the current value of real estate in the Erie area. While nearly 66.21% of residents own their homes outright in Erie, 11.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Erie is $5,376 per month. Households that rent pay about 14.02% of their income on rent here. Erie's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Murray Store, TN: equally priced homes
- Riddles Store, TN: less expensive homes
- Ten Mile, TN: equally priced homes
- Union Grove, TN: equally priced homes
- Northpoint, TN: equally priced homes
- Niota, TN: equally priced homes
- Maple Grove, TN: higher priced homes
- Sweetwater, TN: equally priced homes
- Tranquillity, TN: equally priced homes
- Paint Rock, TN: higher priced homes
Cities with Similar Populations
- Marlton Heights, NJ: higher priced homes
- Linn Grove, IN: equally priced homes
- Linneus, MO: less expensive homes
- Velma, MS: less expensive homes
- Lorane, IN: higher priced homes
- Loretto, MI: less expensive homes
- Lovilia, IA: less expensive homes
- Lubec, ME: higher priced homes
- Lucerne Mines, PA: equally priced homes
- Ludlow, MS: less expensive homes
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