Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 37016 area can be challenging. Home prices in 37016 are now at a median cost of $224,060, higher than the Tennessee average of $218,916.
The average cost of rent is $1,174/mo in 37016, primarily driven by the current value of real estate in the 37016 area. While nearly 42.89% of residents own their homes outright in 37016, 8.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37016 is $6,273 per month. Households that rent pay about 18.71% of their income on rent here. 37016's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 37118, TN: higher priced homes
- 37095, TN: less expensive homes
- 37012, TN: less expensive homes
- 37085, TN: higher priced homes
- 37190, TN: less expensive homes
- 37149, TN: equally priced homes
- 37059, TN: less expensive homes
- 37130, TN: higher priced homes
- 37132, TN: higher priced homes
- 37166, TN: less expensive homes
Zip Codes with Similar Populations
- 86018, AZ: higher priced homes
- 29592, SC: less expensive homes
- 42259, KY: less expensive homes
- 46365, IN: less expensive homes
- 73766, OK: less expensive homes
- 75556, TX: less expensive homes
- 80427, CO: higher priced homes
- 80836, CO: less expensive homes
- 83251, ID: equally priced homes
- 85610, AZ: less expensive homes
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