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These days, finding an affordable place to live in the 37087 area can be challenging. Home prices in 37087 are now at a median cost of $382,715, higher than the Tennessee average of $315,131.
The average cost of rent is $1,334/mo in 37087, primarily driven by the current value of real estate in the 37087 area. In 37087, 27.30% of households rent, and 33.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37087 is $7,559 per month. Households that rent pay about 17.65% of their income on rent here. 37087’s most expensive areas are in the western 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
- 37090, TN: equally priced homes
- 37031, TN: less expensive homes
- 37122, TN: higher priced homes
- 37066, TN: higher priced homes
- 37184, TN: equally priced homes
- 37074, TN: less expensive homes
- 37138, TN: equally priced homes
- 37076, TN: equally priced homes
- 37075, TN: higher priced homes
- 37151, TN: less expensive homes
Zip Codes with Similar Populations
- 08081, NJ: less expensive homes
- 10033, NY: higher priced homes
- 11101, NY: higher priced homes
- 84020, UT: higher priced homes
- 77388, TX: less expensive homes
- 77498, TX: less expensive homes
- 77511, TX: less expensive homes
- 78155, TX: less expensive homes
- 78207, TX: less expensive homes
- 78537, TX: less expensive homes
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