
Home Price Key
These days, finding an affordable place to live in the Sweetwater area can be challenging. Home prices in Sweetwater are now at a median cost of $140,524, lower than the Tennessee average of $218,916.
The average cost of rent is $652/mo in Sweetwater, primarily driven by the current value of real estate in the Sweetwater area. While nearly 46.47% of residents own their homes outright in Sweetwater, 36.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sweetwater is $3,624 per month. Households that rent pay about 17.98% of their income on rent here. Sweetwater's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Northpoint, TN: equally priced homes
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- Gudger, TN: equally priced homes
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- Niota, TN: equally priced homes
- Erie, TN: equally priced homes
- Madisonville, TN: higher priced homes
Cities with Similar Populations
- Moundsville, WV: equally priced homes
- Milton, DE: higher priced homes
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- Monmouth, OR: higher priced homes
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- Moss Bluff, LA: higher priced homes
- Mounds View, MN: higher priced homes
- Milan, MI: higher priced homes
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