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These days, finding an affordable place to live in the 37042 area can be challenging. Home prices in 37042 are now at a median cost of $252,577, lower than the Tennessee average of $315,131.
The average cost of rent is $1,419/mo in 37042, primarily driven by the current value of real estate in the 37042 area. In 37042, 41.42% of households rent, and 24.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37042 is $5,803 per month. Households that rent pay about 24.46% of their income on rent here. 37042’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern 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
- 37040, TN: higher priced homes
- 42262, KY: less expensive homes
- 42223, KY: equally priced homes
- 37044, TN: equally priced homes
- 37043, TN: higher priced homes
- 37191, TN: equally priced homes
- 42234, KY: less expensive homes
- 37142, TN: higher priced homes
- 37010, TN: higher priced homes
- 42254, KY: less expensive homes
Zip Codes with Similar Populations
- 92683, CA: higher priced homes
- 28027, NC: higher priced homes
- 30024, GA: higher priced homes
- 77095, TX: higher priced homes
- 77407, TX: higher priced homes
- 92126, CA: higher priced homes
- 92154, CA: higher priced homes
- 92345, CA: higher priced homes
- 92376, CA: higher priced homes
- 92503, CA: higher priced homes
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