Expensive
Affordable
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These days, finding an affordable place to live in the Lane area can be challenging. Home prices in Lane are now at a median cost of $167,651, lower than the Tennessee average of $315,131.
The average cost of rent is $852/mo in Lane, primarily driven by the current value of real estate in the Lane area. In Lane, 29.70% of households rent, and 47.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lane is $5,698 per month. Households that rent pay about 14.95% of their income on rent here. Lane’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cloverdale, TN: less expensive homes
- Millsfield, TN: equally priced homes
- Bogota, TN: equally priced homes
- Maxey, TN: higher priced homes
- Nauvoo, TN: higher priced homes
- Templeton, TN: higher priced homes
- Ridgely, TN: less expensive homes
- Obion, TN: less expensive homes
- Madie, TN: less expensive homes
- Newbern, TN: less expensive homes
Cities with Similar Populations
- Plainville, NY: higher priced homes
- Potlatch Junction, ID: higher priced homes
- Postelle, AR: less expensive homes
- Post, OR: higher priced homes
- Possum Trot, KY: less expensive homes
- Pollard, KS: less expensive homes
- Point Commerce, IN: higher priced homes
- Pleasure Valley, IN: equally priced homes
- Pleasant Plain, IA: equally priced homes
- Plaisted, ME: higher priced homes
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