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These days, finding an affordable place to live in the 37228 area can be challenging. Home prices in 37228 are now at a median cost of $531,700, higher than the Tennessee average of $315,131.
The average cost of rent is $1,594/mo in 37228, primarily driven by the current value of real estate in the 37228 area. In 37228, 98.58% of households rent, and 14.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37228 is $5,068 per month. Households that rent pay about 31.44% of their income on rent here. 37228’s most expensive areas are in the central 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
- 37208, TN: equally priced homes
- 37243, TN: higher priced homes
- 37219, TN: higher priced homes
- 37201, TN: higher priced homes
- 37207, TN: less expensive homes
- 37213, TN: less expensive homes
- 37218, TN: less expensive homes
- 37203, TN: equally priced homes
- 37206, TN: higher priced homes
- 37212, TN: higher priced homes
Zip Codes with Similar Populations
- 24479, VA: less expensive homes
- 95560, CA: less expensive homes
- 87935, NM: less expensive homes
- 24128, VA: less expensive homes
- 01344, MA: less expensive homes
- 82939, WY: less expensive homes
- 15864, PA: less expensive homes
- 77983, TX: less expensive homes
- 81410, CO: less expensive homes
- 22713, VA: less expensive homes
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