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These days, finding an affordable place to live in the 37221 area can be challenging. Home prices in 37221 are now at a median cost of $479,561, higher than the Tennessee average of $315,131.
The average cost of rent is $2,087/mo in 37221, primarily driven by the current value of real estate in the 37221 area. In 37221, 32.35% of households rent, and 38.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37221 is $9,276 per month. Households that rent pay about 22.49% of their income on rent here. 37221’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern 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
- 37205, TN: higher priced homes
- 37143, TN: less expensive homes
- 37069, TN: higher priced homes
- 37209, TN: higher priced homes
- 37215, TN: higher priced homes
- 37212, TN: higher priced homes
- 37082, TN: less expensive homes
- 37204, TN: higher priced homes
- 37220, TN: higher priced homes
- 37203, TN: higher priced homes
Zip Codes with Similar Populations
- 21042, MD: higher priced homes
- 11222, NY: higher priced homes
- 11357, NY: higher priced homes
- 97303, OR: less expensive homes
- 95835, CA: higher priced homes
- 95380, CA: equally priced homes
- 15317, PA: less expensive homes
- 16801, PA: less expensive homes
- 17050, PA: less expensive homes
- 18974, PA: equally priced homes
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