Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Pelia area can be challenging. Home prices in Mount Pelia are now at a median cost of $163,282, lower than the Tennessee average of $218,916.
The average cost of rent is $1,070/mo in Mount Pelia, primarily driven by the current value of real estate in the Mount Pelia area. While nearly 41.54% of residents own their homes outright in Mount Pelia, 18.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Pelia is $4,979 per month. Households that rent pay about 21.49% of their income on rent here. Mount Pelia's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Gardner, TN: equally priced homes
- Sidonia, TN: less expensive homes
- Martin, TN: less expensive homes
- Terrell, TN: less expensive homes
- Rives, TN: less expensive homes
- Ralston, TN: higher priced homes
- Sharon, TN: less expensive homes
- Gibbs, TN: less expensive homes
- McConnell, TN: equally priced homes
- Union City, TN: less expensive homes
Cities with Similar Populations
- Guernsey, IA: less expensive homes
- Taylortown, LA: higher priced homes
- Taylors Store, NC: less expensive homes
- Tamarack, MN: higher priced homes
- Tallysville, VA: higher priced homes
- Sunnydell, ID: higher priced homes
- Strawn, IL: higher priced homes
- Stecker, OK: less expensive homes
- Heilman, IN: less expensive homes
- Heathsville, NC: less expensive homes
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