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These days, finding an affordable place to live in the 37187 area can be challenging. Home prices in 37187 are now at a median cost of $306,918, lower than the Tennessee average of $315,131.
The average cost of rent is $1,084/mo in 37187, primarily driven by the current value of real estate in the 37187 area. In 37187, 16.81% of households rent, and 34.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37187 is $6,368 per month. Households that rent pay about 17.03% of their income on rent here. 37187’s most expensive areas are in the western 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
- 37082, TN: higher priced homes
- 37029, TN: higher priced homes
- 37036, TN: less expensive homes
- 37143, TN: higher priced homes
- 37055, TN: equally priced homes
- 37015, TN: equally priced homes
- 37221, TN: higher priced homes
- 37181, TN: less expensive homes
- 37165, TN: less expensive homes
- 37209, TN: higher priced homes
Zip Codes with Similar Populations
- 98826, WA: higher priced homes
- 40359, KY: less expensive homes
- 35748, AL: equally priced homes
- 41179, KY: less expensive homes
- 42437, KY: less expensive homes
- 75752, TX: less expensive homes
- 25702, WV: less expensive homes
- 75956, TX: less expensive homes
- 76043, TX: less expensive homes
- 18078, PA: higher priced homes
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