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These days, finding an affordable place to live in the 37051 area can be challenging. Home prices in 37051 are now at a median cost of $258,898, lower than the Tennessee average of $315,131.
The average cost of rent is $831/mo in 37051, primarily driven by the current value of real estate in the 37051 area. In 37051, 18.10% of households rent, and 52.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37051 is $5,671 per month. Households that rent pay about 14.66% of their income on rent here. 37051’s most expensive areas are in the northwestern 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
- 37165, TN: equally priced homes
- 37052, TN: less expensive homes
- 37181, TN: equally priced homes
- 37171, TN: higher priced homes
- 37142, TN: higher priced homes
- 37036, TN: equally priced homes
- 37050, TN: less expensive homes
- 37061, TN: less expensive homes
- 37035, TN: higher priced homes
- 37079, TN: equally priced homes
Zip Codes with Similar Populations
- 13456, NY: equally priced homes
- 13862, NY: less expensive homes
- 02109, MA: higher priced homes
- 18434, PA: less expensive homes
- 27050, NC: less expensive homes
- 32667, FL: higher priced homes
- 53525, WI: equally priced homes
- 39827, GA: less expensive homes
- 56057, MN: equally priced homes
- 56514, MN: equally priced homes
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