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These days, finding an affordable place to live in the Toone area can be challenging. Home prices in Toone are now at a median cost of $118,516, lower than the Tennessee average of $315,131.
The average cost of rent is $707/mo in Toone, primarily driven by the current value of real estate in the Toone area. In Toone, 19.34% of households rent, and 46.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Toone is $4,658 per month. Households that rent pay about 15.18% of their income on rent here. Toone’s most expensive areas are in the northwestern 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
- Teague, TN: higher priced homes
- Shandy, TN: higher priced homes
- Uptonville, TN: less expensive homes
- Bolivar, TN: higher priced homes
- Vildo, TN: less expensive homes
- Hebron, TN: equally priced homes
- Silerton, TN: higher priced homes
- Mercer, TN: less expensive homes
- Fayette Corners, TN: less expensive homes
- Medon, TN: higher priced homes
Cities with Similar Populations
- Warsaw, TX: higher priced homes
- Burrton, KS: higher priced homes
- Calpella, CA: higher priced homes
- Canal Point, FL: higher priced homes
- Cascade, MD: higher priced homes
- Chester, MA: higher priced homes
- Ellendale, MN: higher priced homes
- Erick, OK: less expensive homes
- Eudora, MS: higher priced homes
- Wahjamega, MI: higher priced homes
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