Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gap Creek area can be challenging. Home prices in Gap Creek are now at a median cost of $140,960, lower than the Tennessee average of $218,916.
The average cost of rent is $716/mo in Gap Creek, primarily driven by the current value of real estate in the Gap Creek area. While nearly 59.59% of residents own their homes outright in Gap Creek, 24.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gap Creek is $4,013 per month. Households that rent pay about 17.83% of their income on rent here. Gap Creek's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Hampton, TN: equally priced homes
- Elizabethton, TN: equally priced homes
- Unicoi, TN: higher priced homes
- Watauga, TN: less expensive homes
- Marbleton, TN: higher priced homes
- Johnson City, TN: higher priced homes
- Fish Springs, TN: less expensive homes
- Hunter, TN: equally priced homes
- Rock Creek, TN: less expensive homes
- Roan Mountain, TN: less expensive homes
Cities with Similar Populations
- Almond, NY: less expensive homes
- Aniwa, WI: equally priced homes
- Annawan, IL: less expensive homes
- Barataria, LA: higher priced homes
- Barrentine Corner, AR: equally priced homes
- Beechmont, KY: less expensive homes
- Bella Villa, MO: less expensive homes
- Bellemont, AZ: higher priced homes
- Bellvue, CO: higher priced homes
- Belt, MT: higher priced homes
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