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These days, finding an affordable place to live in the 37311 area can be challenging. Home prices in 37311 are now at a median cost of $218,188, lower than the Tennessee average of $315,131.
The average cost of rent is $962/mo in 37311, primarily driven by the current value of real estate in the 37311 area. In 37311, 51.01% of households rent, and 47.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37311 is $4,363 per month. Households that rent pay about 22.05% of their income on rent here. 37311’s most expensive areas are in the northern 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
- 37323, TN: higher priced homes
- 37312, TN: higher priced homes
- 37353, TN: higher priced homes
- 37310, TN: higher priced homes
- 37361, TN: less expensive homes
- 37362, TN: less expensive homes
- 37363, TN: higher priced homes
- 37315, TN: higher priced homes
- 37341, TN: higher priced homes
- 37302, TN: higher priced homes
Zip Codes with Similar Populations
- 98498, WA: higher priced homes
- 07112, NJ: higher priced homes
- 08075, NJ: higher priced homes
- 11803, NY: higher priced homes
- 97008, OR: higher priced homes
- 20008, DC: higher priced homes
- 55904, MN: higher priced homes
- 00767, PR: less expensive homes
- 60035, IL: higher priced homes
- 60142, IL: higher priced homes
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