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These days, finding an affordable place to live in the 37061 area can be challenging. Home prices in 37061 are now at a median cost of $139,434, lower than the Tennessee average of $218,916.
The average cost of rent is $637/mo in 37061, primarily driven by the current value of real estate in the 37061 area. While nearly 56.47% of residents own their homes outright in 37061, 22.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37061 is $3,952 per month. Households that rent pay about 16.11% of their income on rent here. 37061's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 37050, TN: equally priced homes
- 37178, TN: less expensive homes
- 37165, TN: higher priced homes
- 37175, TN: less expensive homes
- 37181, TN: equally priced homes
- 37142, TN: higher priced homes
- 37079, TN: equally priced homes
- 37051, TN: higher priced homes
- 37058, TN: higher priced homes
- 37052, TN: higher priced homes
Zip Codes with Similar Populations
- 71254, LA: less expensive homes
- 36576, AL: higher priced homes
- 37150, TN: less expensive homes
- 66739, KS: less expensive homes
- 67871, KS: higher priced homes
- 68352, NE: less expensive homes
- 69130, NE: less expensive homes
- 70344, LA: less expensive homes
- 70819, LA: equally priced homes
- 36521, AL: equally priced homes
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