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These days, finding an affordable place to live in the 37097 area can be challenging. Home prices in 37097 are now at a median cost of $116,330, lower than the Tennessee average of $315,131.
The average cost of rent is $922/mo in 37097, primarily driven by the current value of real estate in the 37097 area. In 37097, 28.40% of households rent, and 60.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37097 is $3,651 per month. Households that rent pay about 25.27% of their income on rent here. 37097’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern 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
- 37140, TN: higher priced homes
- 37096, TN: higher priced homes
- 38380, TN: higher priced homes
- 38341, TN: higher priced homes
- 37033, TN: higher priced homes
- 38363, TN: higher priced homes
- 37137, TN: higher priced homes
- 38328, TN: higher priced homes
- 38454, TN: higher priced homes
- 38387, TN: equally priced homes
Zip Codes with Similar Populations
- 17864, PA: higher priced homes
- 04353, ME: higher priced homes
- 47342, IN: higher priced homes
- 48419, MI: higher priced homes
- 49034, MI: higher priced homes
- 49766, MI: higher priced homes
- 49887, MI: higher priced homes
- 50247, IA: higher priced homes
- 51579, IA: higher priced homes
- 53919, WI: higher priced homes
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