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These days, finding an affordable place to live in the 37127 area can be challenging. Home prices in 37127 are now at a median cost of $361,100, higher than the Tennessee average of $315,131.
The average cost of rent is $1,710/mo in 37127, primarily driven by the current value of real estate in the 37127 area. In 37127, 21.05% of households rent, and 28.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37127 is $7,894 per month. Households that rent pay about 21.66% of their income on rent here. 37127’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern 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
- 37132, TN: equally priced homes
- 37130, TN: equally priced homes
- 37037, TN: higher priced homes
- 37128, TN: higher priced homes
- 37149, TN: equally priced homes
- 37153, TN: higher priced homes
- 37020, TN: equally priced homes
- 37018, TN: less expensive homes
- 37026, TN: less expensive homes
- 37060, TN: higher priced homes
Zip Codes with Similar Populations
- 00757, PR: less expensive homes
- 44654, OH: less expensive homes
- 40330, KY: less expensive homes
- 36575, AL: less expensive homes
- 33711, FL: equally priced homes
- 32952, FL: higher priced homes
- 32401, FL: less expensive homes
- 97055, OR: higher priced homes
- 31008, GA: less expensive homes
- 29410, SC: equally priced homes
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