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Affordable
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These days, finding an affordable place to live in the Tellico Village area can be challenging. Home prices in Tellico Village are now at a median cost of $505,112, higher than the Tennessee average of $315,131.
The average cost of rent is $962/mo in Tellico Village, primarily driven by the current value of real estate in the Tellico Village area. In Tellico Village, 4.96% of households rent, and 48.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tellico Village is $8,633 per month. Households that rent pay about 11.15% of their income on rent here. Tellico Village’s most expensive areas are in the northeastern 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
- Poplar Springs, TN: less expensive homes
- Glendale, TN: less expensive homes
- Morganton, TN: less expensive homes
- Fochee, TN: less expensive homes
- Loudon, TN: less expensive homes
- Greenback, TN: less expensive homes
- Lakeside, TN: less expensive homes
- Rockville, TN: less expensive homes
- Vonore, TN: less expensive homes
- Philadelphia, TN: less expensive homes
Cities with Similar Populations
- Mercersburg, PA: less expensive homes
- Mitchell, IN: less expensive homes
- Midland Park, NJ: higher priced homes
- Midland City, AL: less expensive homes
- Middlebury, CT: equally priced homes
- Middleborough Center, MA: less expensive homes
- Metamora, MI: less expensive homes
- Merrimac, MA: equally priced homes
- Merion Station, PA: higher priced homes
- Poolesville, MD: higher priced homes
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