Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Locke area can be challenging. Home prices in Locke are now at a median cost of $277,480, lower than the Tennessee average of $315,131.
The average cost of rent is $1,254/mo in Locke, primarily driven by the current value of real estate in the Locke area. In Locke, 16.99% of households rent, and 43.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Locke is $8,262 per month. Households that rent pay about 15.18% of their income on rent here. Locke’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Woodstock, TN: higher priced homes
- Cuba, TN: equally priced homes
- Millington, TN: less expensive homes
- Gammon, AR: higher priced homes
- Kerrville, TN: less expensive homes
- Clarkedale, AR: less expensive homes
- Drummonds, TN: less expensive homes
- Jericho, AR: less expensive homes
- Sunset, AR: less expensive homes
- Marion, AR: less expensive homes
Cities with Similar Populations
- Copeland, GA: less expensive homes
- Clayhatchee, AL: less expensive homes
- Cliffield, VA: less expensive homes
- Clifty, KY: less expensive homes
- Climax, MN: less expensive homes
- Clubview Heights, AL: less expensive homes
- Cofer, KY: less expensive homes
- Colza, PA: less expensive homes
- Cook Station, MO: less expensive homes
- Church Hill, KY: less expensive homes
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