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These days, finding an affordable place to live in the 37055 area can be challenging. Home prices in 37055 are now at a median cost of $202,891, lower than the Tennessee average of $218,916.
The average cost of rent is $863/mo in 37055, primarily driven by the current value of real estate in the 37055 area. While nearly 44.43% of residents own their homes outright in 37055, 24.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37055 is $5,037 per month. Households that rent pay about 17.12% of their income on rent here. 37055's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 37029, TN: higher priced homes
- 37025, TN: less expensive homes
- 37187, TN: equally priced homes
- 37101, TN: less expensive homes
- 37082, TN: higher priced homes
- 37062, TN: higher priced homes
- 37143, TN: higher priced homes
- 37185, TN: less expensive homes
- 37078, TN: less expensive homes
- 37221, TN: higher priced homes
Zip Codes with Similar Populations
- 03062, NH: higher priced homes
- 97062, OR: higher priced homes
- 95330, CA: higher priced homes
- 91803, CA: higher priced homes
- 89511, NV: higher priced homes
- 85629, AZ: higher priced homes
- 72404, AR: equally priced homes
- 44052, OH: less expensive homes
- 43420, OH: less expensive homes
- 35007, AL: equally priced homes
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