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These days, finding an affordable place to live in the Rutledge Falls area can be challenging. Home prices in Rutledge Falls are now at a median cost of $281,755, lower than the Tennessee average of $315,131.
The average cost of rent is $789/mo in Rutledge Falls, primarily driven by the current value of real estate in the Rutledge Falls area. In Rutledge Falls, 16.53% of households rent, and 49.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rutledge Falls is $5,096 per month. Households that rent pay about 15.49% of their income on rent here. Rutledge Falls’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ovoca, TN: higher priced homes
- Belmont, TN: less expensive homes
- Tullahoma, TN: less expensive homes
- Normandy, TN: equally priced homes
- Manchester, TN: equally priced homes
- White Oaks, TN: less expensive homes
- Flowertown, TN: less expensive homes
- Fredonia, TN: equally priced homes
- Union Ridge, TN: equally priced homes
- Hillsboro, TN: equally priced homes
Cities with Similar Populations
- St. Mary, NE: less expensive homes
- Heaton, NC: less expensive homes
- Helton, TN: less expensive homes
- Henderson Harbor, NY: less expensive homes
- Hepler, KS: less expensive homes
- Squib, KY: less expensive homes
- St. Anthony, IA: less expensive homes
- St. Benedict, LA: less expensive homes
- St. Marks, IN: less expensive homes
- Heards, VA: higher priced homes
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