Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lenoir City area can be challenging. Home prices in Lenoir City are now at a median cost of $267,044, higher than the Tennessee average of $218,916.
The average cost of rent is $977/mo in Lenoir City, primarily driven by the current value of real estate in the Lenoir City area. While nearly 38.86% of residents own their homes outright in Lenoir City, 20.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lenoir City is $5,797 per month. Households that rent pay about 16.85% of their income on rent here. Lenoir City's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Pine Grove, TN: less expensive homes
- Glendale, TN: less expensive homes
- Poplar Springs, TN: less expensive homes
- Farragut, TN: higher priced homes
- Loudon, TN: less expensive homes
- Fochee, TN: less expensive homes
- Dogwood, TN: less expensive homes
- Friendsville, TN: less expensive homes
- Bradbury, TN: less expensive homes
- Jonesville, TN: equally priced homes
Cities with Similar Populations
- Reedley, CA: equally priced homes
- Millsboro, DE: less expensive homes
- Millville, NJ: less expensive homes
- Milton, MA: higher priced homes
- Mint Hill, NC: equally priced homes
- Moultrie, GA: less expensive homes
- Plainview, NY: higher priced homes
- Pooler, GA: equally priced homes
- Rahway, NJ: equally priced homes
- Randallstown, MD: equally priced homes
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