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Expensive
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These days, finding an affordable place to live in the 37118 area can be challenging. Home prices in 37118 are now at a median cost of $289,152, higher than the Tennessee average of $218,916.
The average cost of rent is $998/mo in 37118, primarily driven by the current value of real estate in the 37118 area. While nearly 44.62% of residents own their homes outright in 37118, 4.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37118 is $6,375 per month. Households that rent pay about 15.65% of their income on rent here. 37118's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 37016, TN: less expensive homes
- 37085, TN: equally priced homes
- 37149, TN: less expensive homes
- 37130, TN: equally priced homes
- 37132, TN: less expensive homes
- 37190, TN: less expensive homes
- 37095, TN: less expensive homes
- 37129, TN: equally priced homes
- 37012, TN: less expensive homes
- 37128, TN: equally priced homes
Zip Codes with Similar Populations
- 01342, MA: equally priced homes
- 68666, NE: less expensive homes
- 55795, MN: less expensive homes
- 54424, WI: less expensive homes
- 54227, WI: less expensive homes
- 52345, IA: less expensive homes
- 52069, IA: less expensive homes
- 51035, IA: less expensive homes
- 50682, IA: less expensive homes
- 71030, LA: less expensive homes
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