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These days, finding an affordable place to live in the 37031 area can be challenging. Home prices in 37031 are now at a median cost of $331,460, higher than the Tennessee average of $315,131.
The average cost of rent is $1,302/mo in 37031, primarily driven by the current value of real estate in the 37031 area. In 37031, 9.37% of households rent, and 41.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37031 is $7,419 per month. Households that rent pay about 17.56% of their income on rent here. 37031’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern 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
- 37074, TN: equally priced homes
- 37066, TN: higher priced homes
- 37087, TN: higher priced homes
- 37057, TN: less expensive homes
- 37151, TN: less expensive homes
- 37075, TN: higher priced homes
- 37048, TN: higher priced homes
- 37138, TN: higher priced homes
- 37030, TN: less expensive homes
- 37188, TN: equally priced homes
Zip Codes with Similar Populations
- 17084, PA: less expensive homes
- 24124, VA: less expensive homes
- 39175, MS: less expensive homes
- 40437, KY: less expensive homes
- 41006, KY: less expensive homes
- 43135, OH: less expensive homes
- 43331, OH: less expensive homes
- 43542, OH: higher priced homes
- 44003, OH: less expensive homes
- 38921, MS: less expensive homes
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