Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lutts area can be challenging. Home prices in Lutts are now at a median cost of $69,146, lower than the Tennessee average of $218,916.
The average cost of rent is $552/mo in Lutts, primarily driven by the current value of real estate in the Lutts area. While nearly 74.70% of residents own their homes outright in Lutts, 6.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lutts is $3,012 per month. Households that rent pay about 18.33% of their income on rent here. Lutts's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Gillises Mills, TN: higher priced homes
- Walnut Grove, TN: higher priced homes
- Cypress Inn, TN: higher priced homes
- Threet, AL: higher priced homes
- Waterloo, AL: higher priced homes
- Collinwood, TN: higher priced homes
- Lowryville, TN: higher priced homes
- Gravelly Springs, AL: higher priced homes
- Wright, AL: higher priced homes
- Crossroads, TN: higher priced homes
Cities with Similar Populations
- Cary, ME: higher priced homes
- Three Brothers, AR: higher priced homes
- Clatonia, NE: higher priced homes
- Cid, NC: higher priced homes
- Chatawa, MS: higher priced homes
- Chataignier, LA: higher priced homes
- Cesar Chavez, TX: higher priced homes
- Center Moreland, PA: higher priced homes
- Cash Corner, ME: higher priced homes
- Torrance, PA: higher priced homes
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