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Affordable
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These days, finding an affordable place to live in the Sweet Lips area can be challenging. Home prices in Sweet Lips are now at a median cost of $214,114, lower than the Tennessee average of $315,131.
The average cost of rent is $792/mo in Sweet Lips, primarily driven by the current value of real estate in the Sweet Lips area. In Sweet Lips, 17.93% of households rent, and 44.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sweet Lips is $7,216 per month. Households that rent pay about 10.98% of their income on rent here. Sweet Lips’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jacks Creek, TN: less expensive homes
- Enville, TN: less expensive homes
- Finger, TN: less expensive homes
- Leapwood, TN: less expensive homes
- Henderson, TN: less expensive homes
- Sanford Hill, TN: equally priced homes
- Luray, TN: equally priced homes
- McNairy, TN: less expensive homes
- Milledgeville, TN: less expensive homes
- Montezuma, TN: less expensive homes
Cities with Similar Populations
- Gilsum, NH: higher priced homes
- Florence, IL: equally priced homes
- Foreston, SC: less expensive homes
- Foster, NY: less expensive homes
- Foster, OR: higher priced homes
- Fountain Hill, AR: less expensive homes
- Zenith, GA: less expensive homes
- Fruitvale, ID: higher priced homes
- Gainsboro, AR: less expensive homes
- Ganges, MI: higher priced homes
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