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These days, finding an affordable place to live in the 37402 area can be challenging. Home prices in 37402 are now at a median cost of $475,524, higher than the Tennessee average of $315,131.
The average cost of rent is $837/mo in 37402, primarily driven by the current value of real estate in the 37402 area. In 37402, 91.88% of households rent, and 26.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37402 is $2,978 per month. Households that rent pay about 28.12% of their income on rent here. 37402’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern 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
- 37403, TN: less expensive homes
- 37408, TN: equally priced homes
- 37405, TN: equally priced homes
- 37404, TN: less expensive homes
- 37410, TN: less expensive homes
- 37409, TN: less expensive homes
- 37407, TN: less expensive homes
- 37419, TN: less expensive homes
- 37350, TN: higher priced homes
- 37406, TN: less expensive homes
Zip Codes with Similar Populations
- 59230, MT: less expensive homes
- 46126, IN: less expensive homes
- 46542, IN: less expensive homes
- 46554, IN: less expensive homes
- 46740, IN: less expensive homes
- 46928, IN: less expensive homes
- 47042, IN: less expensive homes
- 47648, IN: less expensive homes
- 48367, MI: less expensive homes
- 48418, MI: less expensive homes
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