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These days, finding an affordable place to live in the Latham area can be challenging. Home prices in Latham are now at a median cost of $122,918, lower than the Tennessee average of $315,131.
The average cost of rent is $702/mo in Latham, primarily driven by the current value of real estate in the Latham area. In Latham, 26.43% of households rent, and 57.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Latham is $5,019 per month. Households that rent pay about 13.98% of their income on rent here. Latham’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dukedom, TN: equally priced homes
- Hyndsver, TN: higher priced homes
- Ruthville, TN: equally priced homes
- Palmersville, TN: less expensive homes
- McConnell, TN: higher priced homes
- Ore Spring, TN: higher priced homes
- Jewell, TN: equally priced homes
- Martin, TN: higher priced homes
- Ralston, TN: higher priced homes
- South Fulton, TN: less expensive homes
Cities with Similar Populations
- Rockland, DE: higher priced homes
- Millport, PA: higher priced homes
- Minter, TX: higher priced homes
- Miola, PA: higher priced homes
- Mission Ridge, SD: higher priced homes
- Mix, LA: higher priced homes
- Modoc, IL: higher priced homes
- Mondovi, WA: higher priced homes
- Monica, IL: higher priced homes
- Montague, MO: higher priced homes
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