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These days, finding an affordable place to live in the 37318 area can be challenging. Home prices in 37318 are now at a median cost of $208,448, lower than the Tennessee average of $315,131.
The average cost of rent is $751/mo in 37318, primarily driven by the current value of real estate in the 37318 area. In 37318, 30.23% of households rent, and 54.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37318 is $4,557 per month. Households that rent pay about 16.49% of their income on rent here. 37318’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern 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
- 37324, TN: equally priced homes
- 37375, TN: higher priced homes
- 37398, TN: higher priced homes
- 37376, TN: higher priced homes
- 37330, TN: higher priced homes
- 37356, TN: higher priced homes
- 37306, TN: higher priced homes
- 37387, TN: less expensive homes
- 37345, TN: equally priced homes
- 37380, TN: equally priced homes
Zip Codes with Similar Populations
- 98843, WA: higher priced homes
- 66967, KS: less expensive homes
- 68756, NE: less expensive homes
- 70049, LA: equally priced homes
- 71032, LA: equally priced homes
- 82644, WY: higher priced homes
- 83615, ID: higher priced homes
- 28369, NC: less expensive homes
- 85645, AZ: higher priced homes
- 92059, CA: higher priced homes
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