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These days, finding an affordable place to live in the Tate Springs area can be challenging. Home prices in Tate Springs are now at a median cost of $168,400, lower than the Tennessee average of $315,131.
The average cost of rent is $669/mo in Tate Springs, primarily driven by the current value of real estate in the Tate Springs area. In Tate Springs, 19.37% of households rent, and 49.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tate Springs is $4,018 per month. Households that rent pay about 16.65% of their income on rent here. Tate Springs’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bean Station, TN: higher priced homes
- Thorn Hill, TN: less expensive homes
- Helton, TN: higher priced homes
- Bray, TN: less expensive homes
- Lakemoore, TN: less expensive homes
- Wyatt Village, TN: less expensive homes
- Mooresburg, TN: equally priced homes
- Wa-Ni Village, TN: higher priced homes
- Puncheon Camp, TN: higher priced homes
- Morristown, TN: higher priced homes
Cities with Similar Populations
- Goldson, GA: less expensive homes
- Willow Valley, IN: equally priced homes
- Guilford, MO: less expensive homes
- Griffith, OH: less expensive homes
- Griffinsburg, VA: higher priced homes
- Woodland, DE: higher priced homes
- Green Ridge, MD: higher priced homes
- Grayson, AL: less expensive homes
- Gray, TX: less expensive homes
- Grandview, IL: less expensive homes
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