
Expensive
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These days, finding an affordable place to live in the Erwin area can be challenging. Home prices in Erwin are now at a median cost of $131,650, lower than the Tennessee average of $218,916.
The average cost of rent is $663/mo in Erwin, primarily driven by the current value of real estate in the Erwin area. While nearly 56.30% of residents own their homes outright in Erwin, 22.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Erwin is $3,945 per month. Households that rent pay about 16.81% of their income on rent here. Erwin's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Lillydale, TN: less expensive homes
- Rock Creek, TN: equally priced homes
- Unaka Springs, TN: equally priced homes
- Ernestville, TN: higher priced homes
- Upper Poplar, NC: higher priced homes
- Unicoi, TN: higher priced homes
- Marbleton, TN: higher priced homes
- Lewisburg, NC: higher priced homes
- Relief, NC: higher priced homes
- Huntdale, NC: higher priced homes
Cities with Similar Populations
- Cotati, CA: higher priced homes
- Clearfield, PA: less expensive homes
- Whiting, IN: equally priced homes
- Whitesboro, NY: higher priced homes
- Westwood, MI: higher priced homes
- Clute, TX: higher priced homes
- Weston, MA: higher priced homes
- West Point, UT: higher priced homes
- Commerce, CA: higher priced homes
- West Olive, MI: higher priced homes
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