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These days, finding an affordable place to live in the Signal Mountain area can be challenging. Home prices in Signal Mountain are now at a median cost of $505,499, higher than the Tennessee average of $315,131.
The average cost of rent is $1,799/mo in Signal Mountain, primarily driven by the current value of real estate in the Signal Mountain area. In Signal Mountain, 15.80% of households rent, and 45.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Signal Mountain is $10,574 per month. Households that rent pay about 17.02% of their income on rent here. Signal Mountain’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Walden, TN: higher priced homes
- Timberlinks, TN: less expensive homes
- Red Bank, TN: less expensive homes
- Falling Water, TN: less expensive homes
- Fairmount, TN: equally priced homes
- Lone Oak, TN: less expensive homes
- Hixson, TN: less expensive homes
- Sulphur Springs, TN: less expensive homes
- Powells Crossroads, TN: less expensive homes
- Middle Valley, TN: less expensive homes
Cities with Similar Populations
- Hasbrouck Heights, NJ: equally priced homes
- Stony Point, NY: equally priced homes
- Stella Rincon, PR: less expensive homes
- Starke, FL: less expensive homes
- St. Simons, GA: higher priced homes
- St. Peter, MN: less expensive homes
- St. Martinville, LA: less expensive homes
- Solana Beach, CA: higher priced homes
- Skiatook, OK: less expensive homes
- Storrs, CT: less expensive homes
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