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These days, finding an affordable place to live in the 37208 area can be challenging. Home prices in 37208 are now at a median cost of $539,932, higher than the Tennessee average of $315,131.
The average cost of rent is $1,431/mo in 37208, primarily driven by the current value of real estate in the 37208 area. In 37208, 69.50% of households rent, and 28.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37208 is $5,829 per month. Households that rent pay about 24.56% of their income on rent here. 37208’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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: equally priced homes
- 37243, TN: higher priced homes
- 37219, TN: higher priced homes
- 37201, TN: higher priced homes
- 37203, TN: equally priced homes
- 37213, TN: less expensive homes
- 37212, TN: higher priced homes
- 37218, TN: less expensive homes
- 37206, TN: higher priced homes
- 37207, TN: less expensive homes
Zip Codes with Similar Populations
- 04072, ME: less expensive homes
- 04092, ME: less expensive homes
- 10302, NY: higher priced homes
- 19422, PA: higher priced homes
- 20017, DC: higher priced homes
- 20018, DC: higher priced homes
- 21409, MD: higher priced homes
- 98408, WA: less expensive homes
- 31005, GA: less expensive homes
- 96749, HI: less expensive homes
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