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Affordable
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These days, finding an affordable place to live in the Pate Hill area can be challenging. Home prices in Pate Hill are now at a median cost of $145,740, lower than the Tennessee average of $315,131.
The average cost of rent is $610/mo in Pate Hill, primarily driven by the current value of real estate in the Pate Hill area. In Pate Hill, 22.23% of households rent, and 62.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pate Hill is $4,413 per month. Households that rent pay about 13.82% of their income on rent here. Pate Hill’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Midway, TN: higher priced homes
- Walter Crossroad, TN: higher priced homes
- Caney Branch, TN: higher priced homes
- Fowler Grove, TN: higher priced homes
- Bybee, TN: higher priced homes
- Mohawk, TN: equally priced homes
- Parrottsville, TN: higher priced homes
- St. James, TN: higher priced homes
- Dulaney, TN: higher priced homes
- Skinner Crossroad, TN: higher priced homes
Cities with Similar Populations
- Jeddo, AL: less expensive homes
- Starks, ME: higher priced homes
- Star City, MO: equally priced homes
- Stanhope, PA: higher priced homes
- Stanfield, TN: equally priced homes
- Stamford, VT: higher priced homes
- St. Augustine, IL: less expensive homes
- Snowdoun, AL: higher priced homes
- Silverton, WV: equally priced homes
- Silver Star, MT: higher priced homes
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