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These days, finding an affordable place to live in the 37207 area can be challenging. Home prices in 37207 are now at a median cost of $371,490, higher than the Tennessee average of $315,131.
The average cost of rent is $1,367/mo in 37207, primarily driven by the current value of real estate in the 37207 area. In 37207, 44.74% of households rent, and 31.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37207 is $5,476 per month. Households that rent pay about 24.97% of their income on rent here. 37207’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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
- 37228, TN: higher priced homes
- 37216, TN: higher priced homes
- 37206, TN: higher priced homes
- 37208, TN: higher priced homes
- 37213, TN: higher priced homes
- 37243, TN: higher priced homes
- 37201, TN: higher priced homes
- 37218, TN: equally priced homes
- 37219, TN: higher priced homes
- 37189, TN: equally priced homes
Zip Codes with Similar Populations
- 93245, CA: equally priced homes
- 95688, CA: higher priced homes
- 08807, NJ: higher priced homes
- 10454, NY: higher priced homes
- 65804, MO: less expensive homes
- 65109, MO: less expensive homes
- 11249, NY: higher priced homes
- 64804, MO: less expensive homes
- 63701, MO: less expensive homes
- 98908, WA: higher priced homes
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