The Most Affordable Neighborhoods in Luttrell, TN by Home Value

These days, finding an affordable place to live in the Luttrell area can be challenging. Home prices in Luttrell are now at a median cost of $188,544, lower than the Tennessee average of $315,131.

The average cost of rent is $765/mo in Luttrell, primarily driven by the current value of real estate in the Luttrell area. In Luttrell, 14.39% of households rent, and 50.75% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Luttrell is $5,290 per month. Households that rent pay about 14.47% of their income on rent here. Luttrell’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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