Home Price Key
Affordable
Average
Expensive
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 $130,082, lower than the Tennessee average of $218,916.
The average cost of rent is $876/mo in Lane, primarily driven by the current value of real estate in the Lane area. While nearly 50.39% of residents own their homes outright in Lane, 25.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lane is $5,086 per month. Households that rent pay about 17.22% of their income on rent here. Lane's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Cloverdale, TN: less expensive homes
- Millsfield, TN: higher priced homes
- Bogota, TN: less expensive homes
- Maxey, TN: higher priced homes
- Nauvoo, TN: higher priced homes
- Templeton, TN: equally priced homes
- Ridgely, TN: less expensive homes
- Obion, TN: less expensive homes
- Madie, TN: equally priced 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: less expensive homes
- Pleasure Valley, IN: higher priced homes
- Pleasant Plain, IA: equally priced homes
- Plaisted, ME: equally priced homes
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