Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Louisville area can be challenging. Home prices in Louisville are now at a median cost of $256,200, higher than the Tennessee average of $218,916.
The average cost of rent is $849/mo in Louisville, primarily driven by the current value of real estate in the Louisville area. While nearly 47.49% of residents own their homes outright in Louisville, 28.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Louisville is $6,683 per month. Households that rent pay about 12.71% of their income on rent here. Louisville's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Alcoa, TN: less expensive homes
- Rockford, TN: less expensive homes
- Friendsville, TN: less expensive homes
- Maryville, TN: less expensive homes
- Knoxville, TN: less expensive homes
- Farragut, TN: higher priced homes
- Walland, TN: less expensive homes
- Glendale, TN: equally priced homes
- Lenoir City, TN: equally priced homes
- Seymour, TN: less expensive homes
Cities with Similar Populations
- Forest Acres, SC: equally priced homes
- Fox Lake, IL: less expensive homes
- Fort Scott, KS: less expensive homes
- Fort Pierce South, FL: less expensive homes
- Fort Oglethorpe, GA: less expensive homes
- Fort Meade, MD: higher priced homes
- Fort Madison, IA: less expensive homes
- Fort Bliss, TX: less expensive homes
- Forestdale, AL: less expensive homes
- Forest, MS: less expensive homes
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