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Affordable
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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 $156,545, lower than the Tennessee average of $315,131.
The average cost of rent is $767/mo in Ore Spring, primarily driven by the current value of real estate in the Ore Spring area. In Ore Spring, 29.77% of households rent, and 51.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ore Spring is $4,165 per month. Households that rent pay about 18.42% of their income on rent here. Ore Spring’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dresden, TN: less expensive homes
- Jewell, TN: less expensive homes
- Hyndsver, TN: higher priced homes
- Gleason, TN: less expensive homes
- Ralston, TN: higher priced homes
- Latham, TN: less expensive homes
- Palmersville, TN: less expensive homes
- Tumbling, TN: less expensive homes
- Martin, TN: higher priced homes
- Sharon, TN: less expensive homes
Cities with Similar Populations
- Sorento, IL: less expensive 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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