Affordable
Expensive
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These days, finding an affordable place to live in the Lookout Valley area can be challenging. Home prices in Lookout Valley are now at a median cost of $362,353, higher than the Chattanooga average of $290,216.
The average cost of rent is $1,040/mo in Lookout Valley, primarily driven by the current value of real estate in the Lookout Valley area. In Lookout Valley, 24.69% of households rent, and 50.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lookout Valley is $8,558 per month. Households that rent pay about 12.15% of their income on rent here. Lookout Valley’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Downtown Chattanooga, Chattanooga, TN: higher priced homes
- Martin Luther King, Chattanooga, TN: higher priced homes
- Northside Community, Chattanooga, TN: higher priced homes
- Highland Park, Chattanooga, TN: less expensive homes
- Cannon Heights, Dalton, GA: less expensive homes
- Hampton Cove, Owens Cross Roads, AL: higher priced homes
- Downtown Huntsville, Huntsville, AL: higher priced homes
- Oakley, Asheville, NC: equally priced homes
- Woodside Cotton Mill Historic District, Parker, SC: less expensive homes
- West End, Greenville, SC: higher priced homes
Neighborhoods with Similar Populations
- Fair Oaks, North Fair Oaks, CA: higher priced homes
- Stanwood Park, South Portland, ME: higher priced homes
- South San Gabriel, Rosemead, CA: higher priced homes
- Groves Lincoln Park, Tucson, AZ: less expensive homes
- Golden Gate, Emeryville, CA: higher priced homes
- Freestate-North Highlands, Shreveport, LA: less expensive homes
- Fort Howard, Green Bay, WI: less expensive homes
- Forest Trails, Jacksonville, FL: less expensive homes
- Foothills, Lakewood, CO: higher priced homes
- Fairlawn, Pawtucket, RI: less expensive homes
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