Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gum Flat area can be challenging. Home prices in Gum Flat are now at a median cost of $163,953, lower than the Tennessee average of $218,916.
The average cost of rent is $791/mo in Gum Flat, primarily driven by the current value of real estate in the Gum Flat area. While nearly 51.81% of residents own their homes outright in Gum Flat, 23.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gum Flat is $5,277 per month. Households that rent pay about 15.00% of their income on rent here. Gum Flat's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Windy City, TN: higher priced homes
- Mason Grove, TN: less expensive homes
- Fruitvale, TN: less expensive homes
- Gadsden, TN: less expensive homes
- Bells, TN: less expensive homes
- Johnsons Grove, TN: less expensive homes
- Huntersville, TN: higher priced homes
- Westover, TN: less expensive homes
- Three Way, TN: higher priced homes
- Jackson, TN: equally priced homes
Cities with Similar Populations
- Morningside, SD: higher priced homes
- Preston, WA: higher priced homes
- Poynor, TX: equally priced homes
- Newell, PA: less expensive homes
- Negangards Corner, IN: higher priced homes
- Naylor, AR: less expensive homes
- Napoleon, MO: higher priced homes
- Murdock, NE: higher priced homes
- Mountain Park, GA: higher priced homes
- Mount Meridian, IN: higher priced homes
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