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These days, finding an affordable place to live in the 37201 area can be challenging. Home prices in 37201 are now at a median cost of $636,403, higher than the Tennessee average of $315,131.
The average cost of rent is $1,889/mo in 37201, primarily driven by the current value of real estate in the 37201 area. In 37201, 75.31% of households rent, and 33.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37201 is $8,798 per month. Households that rent pay about 21.47% of their income on rent here. 37201’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 37219, TN: equally priced homes
- 37243, TN: equally priced homes
- 37213, TN: less expensive homes
- 37203, TN: less expensive homes
- 37208, TN: less expensive homes
- 37228, TN: less expensive homes
- 37206, TN: equally priced homes
- 37212, TN: higher priced homes
- 37210, TN: less expensive homes
- 37204, TN: higher priced homes
Zip Codes with Similar Populations
- 96705, HI: higher priced homes
- 65284, MO: less expensive homes
- 72137, AR: less expensive homes
- 84320, UT: less expensive homes
- 36578, AL: less expensive homes
- 90263, CA: higher priced homes
- 92285, CA: less expensive homes
- 31547, GA: less expensive homes
- 29809, SC: less expensive homes
- 29742, SC: less expensive homes
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