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Affordable
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These days, finding an affordable place to live in the Ooltewah area can be challenging. Home prices in Ooltewah are now at a median cost of $373,897, higher than the Tennessee average of $315,131.
The average cost of rent is $1,702/mo in Ooltewah, primarily driven by the current value of real estate in the Ooltewah area. In Ooltewah, 20.37% of households rent, and 37.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ooltewah is $9,285 per month. Households that rent pay about 18.33% of their income on rent here. Ooltewah’s most expensive areas are in the southern 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
- Pine Hill, TN: less expensive homes
- Collegedale, TN: equally priced homes
- Mineral Park, TN: less expensive homes
- Harrison, TN: less expensive homes
- McDonald, TN: less expensive homes
- Apison, TN: equally priced homes
- Graysville, GA: less expensive homes
- Middle Valley, TN: less expensive homes
- Hixson, TN: less expensive homes
- Chattanooga, TN: less expensive homes
Cities with Similar Populations
- Pasadena, MD: higher priced homes
- Jacksonville, AR: less expensive homes
- Ken Caryl, CO: higher priced homes
- La Verne, CA: higher priced homes
- Laramie, WY: less expensive homes
- Lawndale, CA: higher priced homes
- Leavenworth, KS: less expensive homes
- Lebanon, OH: equally priced homes
- Lenoir, NC: less expensive homes
- Lexington, MA: higher priced homes
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