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These days, finding an affordable place to live in the Flatwoods area can be challenging. Home prices in Flatwoods are now at a median cost of $194,632, lower than the Tennessee average of $315,131.
The average cost of rent is $851/mo in Flatwoods, primarily driven by the current value of real estate in the Flatwoods area. In Flatwoods, 21.50% of households rent, and 49.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Flatwoods is $6,011 per month. Households that rent pay about 14.15% of their income on rent here. Flatwoods’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Napier, TN: less expensive homes
- Henryville, TN: equally priced homes
- Deerfield, TN: less expensive homes
- Ovilla, TN: less expensive homes
- Weakly, TN: less expensive homes
- Mount Lebanon, TN: less expensive homes
- Summertown, TN: higher priced homes
- Topsy, TN: less expensive homes
- Meadowview, TN: less expensive homes
- Ethridge, TN: equally priced homes
Cities with Similar Populations
- Adamsville, OH: less expensive homes
- Browntown, WI: higher priced homes
- Burnett, WI: higher priced homes
- Bennington, IN: higher priced homes
- Baxter, KY: less expensive homes
- Barney, GA: equally priced homes
- Wilmot, NH: higher priced homes
- Ashland, ME: less expensive homes
- Ashby, MN: higher priced homes
- Winthrop, IA: less expensive homes
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