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These days, finding an affordable place to live in the Westmoreland area can be challenging. Home prices in Westmoreland are now at a median cost of $206,426, lower than the Tennessee average of $315,131.
The average cost of rent is $960/mo in Westmoreland, primarily driven by the current value of real estate in the Westmoreland area. In Westmoreland, 28.16% of households rent, and 43.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Westmoreland is $5,471 per month. Households that rent pay about 17.54% of their income on rent here. Westmoreland’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pleasant Grove, TN: less expensive homes
- Siloam, TN: higher priced homes
- Bledsoe, TN: higher priced homes
- Bransford, TN: higher priced homes
- Adolphus, KY: less expensive homes
- Bethpage, TN: higher priced homes
- Nubia, TN: equally priced homes
- New Roe, KY: less expensive homes
- Corinth, TN: higher priced homes
- Chipman, TN: higher priced homes
Cities with Similar Populations
- Upper Saddle River, NJ: higher priced homes
- Auburndale, MA: higher priced homes
- Audubon, NJ: higher priced homes
- August, CA: higher priced homes
- Aurora, IN: equally priced homes
- Aurora, MO: less expensive homes
- Ayden, NC: less expensive homes
- Ayer, MA: higher priced homes
- Beaverton, MI: less expensive homes
- Becker, MN: higher priced homes
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