The Most Affordable Neighborhoods in Pigeon Forge, TN by Home Value

 

Pigeon Forge, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pigeon Forge area can be challenging. Home prices in Pigeon Forge are now at a median cost of $247,883, lower than the Tennessee average of $315,131.

The average cost of rent is $1,020/mo in Pigeon Forge, primarily driven by the current value of real estate in the Pigeon Forge area. In Pigeon Forge, 43.45% of households rent, and 66.52% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Pigeon Forge is $4,814 per month. Households that rent pay about 21.20% of their income on rent here. Pigeon Forge’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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