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These days, finding an affordable place to live in the Monteagle area can be challenging. Home prices in Monteagle are now at a median cost of $276,650, lower than the Tennessee average of $315,131.
The average cost of rent is $925/mo in Monteagle, primarily driven by the current value of real estate in the Monteagle area. In Monteagle, 25.16% of households rent, and 52.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monteagle is $4,694 per month. Households that rent pay about 19.70% of their income on rent here. Monteagle’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mount View, TN: higher priced homes
- Tracy City, TN: less expensive homes
- Sewanee, TN: higher priced homes
- Martin Springs, TN: less expensive homes
- Pelham, TN: less expensive homes
- White City, TN: less expensive homes
- Sweeton Hill, TN: less expensive homes
- Wilder Chapel, TN: equally priced homes
- Coalmont, TN: less expensive homes
- Glen, TN: equally priced homes
Cities with Similar Populations
- Albertson, NC: less expensive homes
- Brooklyn Heights, OH: less expensive homes
- Candia, NH: higher priced homes
- Capron, VA: equally priced homes
- Carnegie, OK: less expensive homes
- Enterprise, UT: higher priced homes
- Evensville, TN: less expensive homes
- Hanover, MI: less expensive homes
- Goodfellow Afb, TX: less expensive homes
- South China, ME: less expensive homes
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