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Affordable
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These days, finding an affordable place to live in the Sparta area can be challenging. Home prices in Sparta are now at a median cost of $202,580, lower than the Tennessee average of $315,131.
The average cost of rent is $819/mo in Sparta, primarily driven by the current value of real estate in the Sparta area. In Sparta, 24.48% of households rent, and 55.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sparta is $4,680 per month. Households that rent pay about 17.49% of their income on rent here. Sparta’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Findlay, TN: higher priced homes
- Yankeetown, TN: less expensive homes
- Cassville, TN: less expensive homes
- Lost Creek, TN: less expensive homes
- Yateston, TN: equally priced homes
- Doyle, TN: equally priced homes
- River Hill, TN: equally priced homes
- Clarktown, TN: less expensive homes
- Board Valley, TN: higher priced homes
- Fanchers Mills, TN: equally priced homes
Cities with Similar Populations
- Cottage Lake, WA: higher priced homes
- Sudbury, MA: higher priced homes
- Sturgis, MI: equally priced homes
- Streetsboro, OH: higher priced homes
- Stoughton, WI: higher priced homes
- Sterling, IL: less expensive homes
- St. John, IN: higher priced homes
- St. Albans, WV: less expensive homes
- Spring Creek, NV: higher priced homes
- Spanish Lake, MO: less expensive homes
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