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Affordable
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These days, finding an affordable place to live in the 37307 area can be challenging. Home prices in 37307 are now at a median cost of $214,165, lower than the Tennessee average of $315,131.
The average cost of rent is $702/mo in 37307, primarily driven by the current value of real estate in the 37307 area. In 37307, 25.93% of households rent, and 38.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37307 is $5,486 per month. Households that rent pay about 12.80% of their income on rent here. 37307’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern 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
- 37361, TN: less expensive homes
- 37325, TN: less expensive homes
- 37369, TN: less expensive homes
- 37310, TN: higher priced homes
- 37362, TN: less expensive homes
- 37323, TN: higher priced homes
- 37312, TN: higher priced homes
- 37311, TN: equally priced homes
- 37391, TN: less expensive homes
- 37326, TN: less expensive homes
Zip Codes with Similar Populations
- 28135, NC: equally priced homes
- 35760, AL: equally priced homes
- 35754, AL: less expensive homes
- 35619, AL: less expensive homes
- 31645, GA: less expensive homes
- 31543, GA: less expensive homes
- 30629, GA: equally priced homes
- 30543, GA: higher priced homes
- 29128, SC: less expensive homes
- 28901, NC: less expensive homes
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