Affordable
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Expensive
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These days, finding an affordable place to live in the Loudon area can be challenging. Home prices in Loudon are now at a median cost of $182,784, lower than the Tennessee average of $218,916.
The average cost of rent is $1,002/mo in Loudon, primarily driven by the current value of real estate in the Loudon area. While nearly 46.80% of residents own their homes outright in Loudon, 22.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Loudon is $5,255 per month. Households that rent pay about 19.06% of their income on rent here. Loudon's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Fochee, TN: higher priced homes
- Poplar Springs, TN: higher priced homes
- Tellico Village, TN: higher priced homes
- Dogwood, TN: equally priced homes
- Pine Grove, TN: equally priced homes
- Philadelphia, TN: less expensive homes
- Glendale, TN: higher priced homes
- Lenoir City, TN: higher priced homes
- Rockville, TN: higher priced homes
- Bradbury, TN: higher priced homes
Cities with Similar Populations
- Gibsonville, NC: equally priced homes
- Sun Village, CA: higher priced homes
- Summit, IL: equally priced homes
- Summerville, GA: less expensive homes
- Sugar Grove, IL: higher priced homes
- Stuarts Draft, VA: higher priced homes
- Strasburg, VA: higher priced homes
- Stilwell, KS: higher priced homes
- Steger, IL: less expensive homes
- Gladewater, TX: less expensive homes
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