Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Laurel Grove area can be challenging. Home prices in Laurel Grove are now at a median cost of $73,362, lower than the Tennessee average of $218,916.
The average cost of rent is $706/mo in Laurel Grove, primarily driven by the current value of real estate in the Laurel Grove area. While nearly 32.48% of residents own their homes outright in Laurel Grove, 15.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Laurel Grove is $3,500 per month. Households that rent pay about 20.16% of their income on rent here. Laurel Grove's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Briceville, TN: equally priced homes
- Seeber Flats, TN: equally priced homes
- Clinton, TN: higher priced homes
- Slatestone, TN: less expensive homes
- Windrock, TN: equally priced homes
- Stainville, TN: less expensive homes
- Oak Ridge, TN: higher priced homes
- Edgemoor, TN: higher priced homes
- Rocky Top, TN: higher priced homes
- Oliver Springs, TN: higher priced homes
Cities with Similar Populations
- Mammoth, WV: less expensive homes
- Lund, NV: higher priced homes
- Luzerne, IA: higher priced homes
- Lynxville, WI: higher priced homes
- Madison Center, NY: higher priced homes
- Madison, MD: higher priced homes
- Madrid Springs, NY: higher priced homes
- Magley, IN: higher priced homes
- Magnolia, WV: higher priced homes
- Maiden, MT: higher priced homes
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