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Affordable
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These days, finding an affordable place to live in the 37059 area can be challenging. Home prices in 37059 are now at a median cost of $278,423, lower than the Tennessee average of $315,131.
The average cost of rent is $810/mo in 37059, primarily driven by the current value of real estate in the 37059 area. In 37059, 35.02% of households rent, and 58.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37059 is $4,415 per month. Households that rent pay about 18.34% of their income on rent here. 37059’s most expensive areas are in the northern regions, while the cheapest areas are in the southern 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
- 37095, TN: less expensive homes
- 37166, TN: less expensive homes
- 37012, TN: less expensive homes
- 37016, TN: higher priced homes
- 37190, TN: equally priced homes
- 37118, TN: higher priced homes
- 38587, TN: less expensive homes
- 37149, TN: higher priced homes
- 37085, TN: higher priced homes
- 38579, TN: less expensive homes
Zip Codes with Similar Populations
- 63384, MO: less expensive homes
- 37361, TN: less expensive homes
- 39149, MS: less expensive homes
- 39425, MS: less expensive homes
- 01236, MA: higher priced homes
- 40472, KY: less expensive homes
- 42078, KY: less expensive homes
- 43360, OH: equally priced homes
- 48742, MI: less expensive homes
- 48865, MI: less expensive homes
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