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These days, finding an affordable place to live in the 37340 area can be challenging. Home prices in 37340 are now at a median cost of $116,596, lower than the Tennessee average of $218,916.
The average cost of rent is $821/mo in 37340, primarily driven by the current value of real estate in the 37340 area. While nearly 72.50% of residents own their homes outright in 37340, 17.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37340 is $4,012 per month. Households that rent pay about 20.45% of their income on rent here. 37340's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 37396, TN: higher priced homes
- 37347, TN: equally priced homes
- 30757, GA: equally priced homes
- 35958, AL: higher priced homes
- 37419, TN: higher priced homes
- 37380, TN: higher priced homes
- 37374, TN: higher priced homes
- 30750, GA: higher priced homes
- 37350, TN: higher priced homes
- 35740, AL: higher priced homes
Zip Codes with Similar Populations
- 03282, NH: higher priced homes
- 54490, WI: higher priced homes
- 70631, LA: higher priced homes
- 69152, NE: less expensive homes
- 69123, NE: higher priced homes
- 67451, KS: equally priced homes
- 64631, MO: less expensive homes
- 57221, SD: higher priced homes
- 56742, MN: higher priced homes
- 56686, MN: higher priced homes
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