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These days, finding an affordable place to live in the 37137 area can be challenging. Home prices in 37137 are now at a median cost of $188,141, lower than the Tennessee average of $315,131.
The average cost of rent is $1,107/mo in 37137, primarily driven by the current value of real estate in the 37137 area. In 37137, 19.86% of households rent, and 51.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37137 is $5,031 per month. Households that rent pay about 22.01% of their income on rent here. 37137’s most expensive areas are in the eastern 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
- 37033, TN: higher priced homes
- 37098, TN: higher priced homes
- 37025, TN: higher priced homes
- 38454, TN: equally priced homes
- 37140, TN: less expensive homes
- 38476, TN: higher priced homes
- 38487, TN: higher priced homes
- 37078, TN: higher priced homes
- 37062, TN: higher priced homes
- 38482, TN: higher priced homes
Zip Codes with Similar Populations
- 30428, GA: less expensive homes
- 31801, GA: equally priced homes
- 12413, NY: higher priced homes
- 40313, KY: less expensive homes
- 62281, IL: higher priced homes
- 61956, IL: less expensive homes
- 55397, MN: higher priced homes
- 61529, IL: less expensive homes
- 28033, NC: higher priced homes
- 59043, MT: less expensive homes
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