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These days, finding an affordable place to live in the Mountain City area can be challenging. Home prices in Mountain City are now at a median cost of $202,588, lower than the Tennessee average of $315,131.
The average cost of rent is $670/mo in Mountain City, primarily driven by the current value of real estate in the Mountain City area. In Mountain City, 24.15% of households rent, and 62.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mountain City is $4,751 per month. Households that rent pay about 14.10% of their income on rent here. Mountain City’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Neva, TN: equally priced homes
- Harmon, TN: less expensive homes
- Shady Valley, TN: less expensive homes
- Silver Lake, TN: higher priced homes
- Trade, TN: less expensive homes
- Laurel Bloomery, TN: higher priced homes
- Grayson, NC: less expensive homes
- Buladeen, TN: less expensive homes
- Doeville, TN: equally priced homes
- Creston, NC: less expensive homes
Cities with Similar Populations
- Goshen, OH: higher priced homes
- Guttenberg, NJ: higher priced homes
- Gunbarrel, CO: higher priced homes
- Gulfport, FL: higher priced homes
- Gulf Gate Estates, FL: higher priced homes
- Gridley, CA: higher priced homes
- Greenville, WI: higher priced homes
- Greenville, AL: less expensive homes
- Greentree, NJ: higher priced homes
- Green River, WY: higher priced homes
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