
Expensive
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These days, finding an affordable place to live in the Orme area can be challenging. Home prices in Orme are now at a median cost of $228,800, lower than the Tennessee average of $315,131.
The average cost of rent is $1,266/mo in Orme, primarily driven by the current value of real estate in the Orme area. In Orme, 16.27% of households rent, and 50.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Orme is $5,411 per month. Households that rent pay about 23.40% of their income on rent here. Orme’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Montague, AL: equally priced homes
- Richard City, TN: less expensive homes
- South Pittsburg, TN: equally priced homes
- Bridgeport, AL: less expensive homes
- Sherwood, TN: higher priced homes
- Kimball, TN: equally priced homes
- New Hope, TN: less expensive homes
- Long Island, AL: less expensive homes
- Martin Springs, TN: equally priced homes
- Glover Hill, TN: equally priced homes
Cities with Similar Populations
- Riceville, VA: less expensive homes
- Minorca, LA: less expensive homes
- Mitchell, LA: less expensive homes
- Morattico, VA: less expensive homes
- Morland, KS: less expensive homes
- Murdock Crossing, MS: higher priced homes
- Nachusa, IL: higher priced homes
- Naponee, NE: less expensive homes
- Nashua, MN: less expensive homes
- Nashville, KS: less expensive homes
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