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These days, finding an affordable place to live in the Lone Mountain area can be challenging. Home prices in Lone Mountain are now at a median cost of $160,424, lower than the Tennessee average of $315,131.
The average cost of rent is $802/mo in Lone Mountain, primarily driven by the current value of real estate in the Lone Mountain area. In Lone Mountain, 28.05% of households rent, and 63.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lone Mountain is $3,212 per month. Households that rent pay about 24.97% of their income on rent here. Lone Mountain’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lily Grove, TN: higher priced homes
- Cumberland Gap, TN: less expensive homes
- New Tazewell, TN: equally priced homes
- Harrogate, TN: higher priced homes
- Tazewell, TN: equally priced homes
- Chittum, TN: equally priced homes
- Sandlick, TN: higher priced homes
- Speedwell, TN: equally priced homes
- Town Creek, TN: equally priced homes
- Springdale, TN: equally priced homes
Cities with Similar Populations
- Sugar Hill, NH: higher priced homes
- Bridgeport, CA: higher priced homes
- Brockton, MT: less expensive homes
- Browns Valley, MN: less expensive homes
- Bucklin, MO: less expensive homes
- Buckskin, IN: higher priced homes
- Burlington, PA: higher priced homes
- Buxton Center, ME: higher priced homes
- Byromville, GA: less expensive homes
- Canaan, VT: higher priced homes
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