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These days, finding an affordable place to live in the 37012 area can be challenging. Home prices in 37012 are now at a median cost of $245,188, lower than the Tennessee average of $315,131.
The average cost of rent is $722/mo in 37012, primarily driven by the current value of real estate in the 37012 area. In 37012, 26.96% of households rent, and 35.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37012 is $4,672 per month. Households that rent pay about 15.46% of their income on rent here. 37012’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 38547, TN: equally priced homes
- 37095, TN: less expensive homes
- 38567, TN: higher priced homes
- 37184, TN: higher priced homes
- 38563, TN: equally priced homes
- 37059, TN: higher priced homes
- 38569, TN: higher priced homes
- 37016, TN: higher priced homes
- 38548, TN: equally priced homes
- 37118, TN: higher priced homes
Zip Codes with Similar Populations
- 12583, NY: higher priced homes
- 14012, NY: less expensive homes
- 74469, OK: less expensive homes
- 53044, WI: higher priced homes
- 76936, TX: less expensive homes
- 54819, WI: less expensive homes
- 56361, MN: equally priced homes
- 56750, MN: less expensive homes
- 57366, SD: less expensive homes
- 58105, ND: higher priced homes
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