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These days, finding an affordable place to live in the Park Settlement area can be challenging. Home prices in Park Settlement are now at a median cost of $317,188, higher than the Tennessee average of $315,131.
The average cost of rent is $1,280/mo in Park Settlement, primarily driven by the current value of real estate in the Park Settlement area. In Park Settlement, 22.88% of households rent, and 58.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Park Settlement is $5,881 per month. Households that rent pay about 21.76% of their income on rent here. Park Settlement’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
- Townsend, TN: equally priced homes
- Wear Valley, TN: higher priced homes
- Walland, TN: less expensive homes
- Pigeon Forge, TN: less expensive homes
- Seymour, TN: equally priced homes
- Gatlinburg, TN: higher priced homes
- Sevierville, TN: equally priced homes
- Rockford, TN: less expensive homes
- Maryville, TN: equally priced homes
- Alcoa, TN: less expensive homes
Cities with Similar Populations
- San Pedro, CO: less expensive homes
- Sangerfield, NY: less expensive homes
- Sandy Hook, TN: less expensive homes
- Sandy Hook, MO: less expensive homes
- Sandy Cross, NC: less expensive homes
- Sandlake, OR: higher priced homes
- Sandcut, IN: less expensive homes
- Sandberg, CA: higher priced homes
- Sand Ridge, WV: less expensive homes
- Santa Catarina, TX: less expensive homes
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