The Most Affordable Neighborhoods in Laurel Bloomery, TN by Home Value

 

Laurel Bloomery, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Laurel Bloomery area can be challenging. Home prices in Laurel Bloomery are now at a median cost of $160,796, lower than the Tennessee average of $218,916.

The average cost of rent is $626/mo in Laurel Bloomery, primarily driven by the current value of real estate in the Laurel Bloomery area. While nearly 64.69% of residents own their homes outright in Laurel Bloomery, 16.13% rent.

Housing affordability isn’t just about home prices, though. The average household income in Laurel Bloomery is $2,982 per month. Households that rent pay about 20.99% of their income on rent here. Laurel Bloomery's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.


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