Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Falling Water area can be challenging. Home prices in Falling Water are now at a median cost of $343,316, higher than the Tennessee average of $218,916.
The average cost of rent is $1,053/mo in Falling Water, primarily driven by the current value of real estate in the Falling Water area. While nearly 40.28% of residents own their homes outright in Falling Water, 14.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Falling Water is $7,500 per month. Households that rent pay about 14.04% of their income on rent here. Falling Water's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Fairmount, TN: higher priced homes
- Walden, TN: higher priced homes
- Hixson, TN: less expensive homes
- Signal Mountain, TN: equally priced homes
- Middle Valley, TN: less expensive homes
- Red Bank, TN: less expensive homes
- Timberlinks, TN: equally priced homes
- Lone Oak, TN: less expensive homes
- Mowbray, TN: less expensive homes
- Lakesite, TN: less expensive homes
Cities with Similar Populations
- Farragut, IA: less expensive homes
- Tripp, SD: less expensive homes
- Templeville, MD: less expensive homes
- Teaberry, KY: less expensive homes
- Tazlina, AK: less expensive homes
- Syracuse, SC: less expensive homes
- Stoops, KY: less expensive homes
- Stone Church, NY: less expensive homes
- Steuben, ME: less expensive homes
- Gales Creek, OR: higher priced homes
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