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These days, finding an affordable place to live in the 37308 area can be challenging. Home prices in 37308 are now at a median cost of $292,304, lower than the Tennessee average of $315,131.
The average cost of rent is $740/mo in 37308, primarily driven by the current value of real estate in the 37308 area. In 37308, 9.34% of households rent, and 50.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37308 is $6,222 per month. Households that rent pay about 11.89% of their income on rent here. 37308’s most expensive areas are in the central 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
- 37336, TN: equally priced homes
- 37373, TN: equally priced homes
- 37379, TN: equally priced homes
- 37312, TN: equally priced homes
- 37321, TN: less expensive homes
- 37338, TN: less expensive homes
- 37310, TN: equally priced homes
- 37309, TN: less expensive homes
- 37370, TN: less expensive homes
- 37327, TN: less expensive homes
Zip Codes with Similar Populations
- 14755, NY: less expensive homes
- 21837, MD: less expensive homes
- 38367, TN: less expensive homes
- 38229, TN: less expensive homes
- 68446, NE: less expensive homes
- 65644, MO: less expensive homes
- 77664, TX: less expensive homes
- 49030, MI: less expensive homes
- 80117, CO: higher priced homes
- 49403, MI: equally priced homes
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