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These days, finding an affordable place to live in the Leatherwood area can be challenging. Home prices in Leatherwood are now at a median cost of $151,315, lower than the Tennessee average of $315,131.
The average cost of rent is $379/mo in Leatherwood, primarily driven by the current value of real estate in the Leatherwood area. In Leatherwood, 23.98% of households rent, and 36.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Leatherwood is $4,722 per month. Households that rent pay about 8.03% of their income on rent here. Leatherwood’s most expensive areas are in the central 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
- Moccasin, TN: less expensive homes
- Waynesboro, TN: equally priced homes
- Topsy, TN: less expensive homes
- Highland, TN: less expensive homes
- Ovilla, TN: equally priced homes
- Clifton, TN: less expensive homes
- Flatwoods, TN: higher priced homes
- Deerfield, TN: higher priced homes
- Napier, TN: higher priced homes
- Mount Lebanon, TN: higher priced homes
Cities with Similar Populations
- Linn, OK: higher priced homes
- Leon, MD: higher priced homes
- Leonia, FL: less expensive homes
- Lequire, OK: less expensive homes
- Lessie, FL: higher priced homes
- Lewis, SC: higher priced homes
- Lewis, WI: higher priced homes
- Lida, KY: less expensive homes
- Lima, MT: higher priced homes
- Lime Rock, CT: higher priced homes
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