Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Watertown area can be challenging. Home prices in Watertown are now at a median cost of $207,378, lower than the Tennessee average of $218,916.
The average cost of rent is $899/mo in Watertown, primarily driven by the current value of real estate in the Watertown area. While nearly 42.41% of residents own their homes outright in Watertown, 20.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Watertown is $5,168 per month. Households that rent pay about 17.40% of their income on rent here. Watertown's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Commerce, TN: less expensive homes
- Shop Springs, TN: equally priced homes
- Grant, TN: equally priced homes
- Alexandria, TN: less expensive homes
- Roundtop, TN: equally priced homes
- Brush Creek, TN: less expensive homes
- Sykes, TN: less expensive homes
- Bellwood, TN: equally priced homes
- Taylorsville, TN: higher priced homes
- Rock City, TN: less expensive homes
Cities with Similar Populations
- Hill Afb, UT: higher priced homes
- Holloman AFB, NM: less expensive homes
- Holiday City South, NJ: equally priced homes
- Watervliet, MI: less expensive homes
- Watseka, IL: less expensive homes
- Hogansburg, NY: equally priced homes
- Waverly, VA: less expensive homes
- Hobart, OK: less expensive homes
- Hinsdale, NH: less expensive homes
- Hinckley, MN: less expensive homes
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