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These days, finding an affordable place to live in the 37306 area can be challenging. Home prices in 37306 are now at a median cost of $231,557, lower than the Tennessee average of $315,131.
The average cost of rent is $1,004/mo in 37306, primarily driven by the current value of real estate in the 37306 area. In 37306, 17.63% of households rent, and 56.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37306 is $4,170 per month. Households that rent pay about 24.08% of their income on rent here. 37306’s most expensive areas are in the western regions, while the cheapest areas are in the southwestern 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
- 37345, TN: less expensive homes
- 37398, TN: equally priced homes
- 37328, TN: less expensive homes
- 37330, TN: equally priced homes
- 37318, TN: less expensive homes
- 37359, TN: higher priced homes
- 37324, TN: less expensive homes
- 37335, TN: less expensive homes
- 37352, TN: higher priced homes
- 37348, TN: less expensive homes
Zip Codes with Similar Populations
- 04257, ME: less expensive homes
- 98568, WA: higher priced homes
- 98261, WA: higher priced homes
- 97455, OR: higher priced homes
- 97041, OR: higher priced homes
- 94130, CA: higher priced homes
- 94037, CA: higher priced homes
- 92283, CA: less expensive homes
- 76524, TX: less expensive homes
- 67228, KS: higher priced homes
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