Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ore Spring area can be challenging. Home prices in Ore Spring are now at a median cost of $80,153, lower than the Tennessee average of $218,916.
The average cost of rent is $640/mo in Ore Spring, primarily driven by the current value of real estate in the Ore Spring area. While nearly 37.71% of residents own their homes outright in Ore Spring, 31.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ore Spring is $4,608 per month. Households that rent pay about 13.88% of their income on rent here. Ore Spring's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Dresden, TN: equally priced homes
- Jewell, TN: higher priced homes
- Hyndsver, TN: higher priced homes
- Gleason, TN: higher priced homes
- Ralston, TN: higher priced homes
- Latham, TN: higher priced homes
- Palmersville, TN: higher priced homes
- Tumbling, TN: higher priced homes
- Martin, TN: higher priced homes
- Sharon, TN: higher priced homes
Cities with Similar Populations
- Sorento, IL: equally priced homes
- Indian Village, LA: higher priced homes
- Jim Falls, WI: higher priced homes
- Kansas, TN: higher priced homes
- Scott, TX: higher priced homes
- Side Lake, MN: higher priced homes
- Silverdale, PA: higher priced homes
- Sitka, MI: higher priced homes
- Sleepy Creek, WV: higher priced homes
- Snook, TX: higher priced homes
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