Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Law area can be challenging. Home prices in Law are now at a median cost of $146,367, lower than the Tennessee average of $218,916.
The average cost of rent is $785/mo in Law, primarily driven by the current value of real estate in the Law area. While nearly 64.74% of residents own their homes outright in Law, 9.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Law is $4,532 per month. Households that rent pay about 17.31% of their income on rent here. Law's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Spring Creek, TN: higher priced homes
- Blue Goose, TN: higher priced homes
- Mount Gilead, TN: less expensive homes
- Hickory Flat, TN: less expensive homes
- White Fern, TN: less expensive homes
- Oakfield, TN: higher priced homes
- Terry, TN: less expensive homes
- Lavinia, TN: less expensive homes
- West, TN: higher priced homes
- Dollar, TN: less expensive homes
Cities with Similar Populations
- Kaupo, HI: higher priced homes
- Scott Addition, VA: higher priced homes
- Salamonia, IN: less expensive homes
- La Paloma, TX: less expensive homes
- Krypton, KY: less expensive homes
- Kraemer, LA: less expensive homes
- Knoxlyn, PA: higher priced homes
- Knowlesville, NY: higher priced homes
- Kirkwood Springs, KY: less expensive homes
- Kimball, ID: higher priced homes
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