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These days, finding an affordable place to live in the 37220 area can be challenging. Home prices in 37220 are now at a median cost of $643,827, higher than the Tennessee average of $218,916.
The average cost of rent is $1,925/mo in 37220, primarily driven by the current value of real estate in the 37220 area. While nearly 42.38% of residents own their homes outright in 37220, 9.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37220 is $12,827 per month. Households that rent pay about 15.01% of their income on rent here. 37220's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 37211, TN: less expensive homes
- 37204, TN: equally priced homes
- 37215, TN: higher priced homes
- 37027, TN: equally priced homes
- 37212, TN: equally priced homes
- 37210, TN: less expensive homes
- 37203, TN: less expensive homes
- 37205, TN: higher priced homes
- 37217, TN: less expensive homes
- 37219, TN: less expensive homes
Zip Codes with Similar Populations
- 16870, PA: less expensive homes
- 87035, NM: less expensive homes
- 14141, NY: less expensive homes
- 92136, CA: equally priced homes
- 12184, NY: less expensive homes
- 00913, PR: less expensive homes
- 10996, NY: less expensive homes
- 08809, NJ: less expensive homes
- 86505, AZ: less expensive homes
- 07041, NJ: higher priced homes
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