Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Peakland area can be challenging. Home prices in Peakland are now at a median cost of $117,102, lower than the Tennessee average of $218,916.
The average cost of rent is $833/mo in Peakland, primarily driven by the current value of real estate in the Peakland area. While nearly 56.30% of residents own their homes outright in Peakland, 30.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in Peakland is $3,403 per month. Households that rent pay about 24.48% of their income on rent here. Peakland's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Tranquillity, TN: higher priced homes
- Watts Bar Estates, TN: higher priced homes
- Forest Grove, TN: equally priced homes
- Ten Mile, TN: higher priced homes
- Murray Store, TN: higher priced homes
- Spring City, TN: higher priced homes
- Maple Grove, TN: higher priced homes
- Roddy, TN: higher priced homes
- Pennine, TN: equally priced homes
- Erie, TN: higher priced homes
Cities with Similar Populations
- Hobson, MT: higher priced homes
- Jackson, PA: higher priced homes
- Isabella, OK: higher priced homes
- Idalia, MO: higher priced homes
- Huntington Mills, PA: higher priced homes
- Huntington, GA: less expensive homes
- Hull Prairie, OH: higher priced homes
- Hugheston, WV: less expensive homes
- Huffines, TX: less expensive homes
- Hovey, IN: higher priced homes
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