Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Iron City area can be challenging. Home prices in Iron City are now at a median cost of $117,509, lower than the Tennessee average of $218,916.
The average cost of rent is $506/mo in Iron City, primarily driven by the current value of real estate in the Iron City area. While nearly 52.99% of residents own their homes outright in Iron City, 13.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Iron City is $3,513 per month. Households that rent pay about 14.41% of their income on rent here. Iron City's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Mount Nebo, TN: less expensive homes
- Cypress Inn, TN: equally priced homes
- Zip City, AL: higher priced homes
- St. Joseph, TN: less expensive homes
- Shawnette, TN: higher priced homes
- Westpoint, TN: less expensive homes
- Collinwood, TN: less expensive homes
- Loretto, TN: equally priced homes
- Threet, AL: less expensive homes
- Busby, TN: less expensive homes
Cities with Similar Populations
- Moultonborough, NH: higher priced homes
- Richland, IN: equally priced homes
- Richfield, PA: higher priced homes
- Perrinton, MI: higher priced homes
- Paris, MI: equally priced homes
- Paint Lick, KY: higher priced homes
- Pages Corner, NH: higher priced homes
- Mount Zion, GA: higher priced homes
- Mount Savage, MD: equally priced homes
- Scarbro, WV: less expensive homes
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