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These days, finding an affordable place to live in the 37020 area can be challenging. Home prices in 37020 are now at a median cost of $237,459, higher than the Tennessee average of $218,916.
The average cost of rent is $1,198/mo in 37020, primarily driven by the current value of real estate in the 37020 area. While nearly 32.36% of residents own their homes outright in 37020, 5.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37020 is $5,959 per month. Households that rent pay about 20.10% of their income on rent here. 37020's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 37037, TN: equally priced homes
- 37180, TN: less expensive homes
- 37183, TN: equally priced homes
- 37153, TN: higher priced homes
- 37127, TN: equally priced homes
- 37018, TN: less expensive homes
- 37060, TN: higher priced homes
- 37034, TN: less expensive homes
- 37026, TN: less expensive homes
- 37046, TN: higher priced homes
Zip Codes with Similar Populations
- 01773, MA: higher priced homes
- 56751, MN: less expensive homes
- 48412, MI: less expensive homes
- 50441, IA: less expensive homes
- 50659, IA: less expensive homes
- 53080, WI: equally priced homes
- 53508, WI: higher priced homes
- 53805, WI: less expensive homes
- 55319, MN: higher priced homes
- 55321, MN: equally priced homes
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