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These days, finding an affordable place to live in the 37404 area can be challenging. Home prices in 37404 are now at a median cost of $150,223, lower than the Tennessee average of $218,916.
The average cost of rent is $861/mo in 37404, primarily driven by the current value of real estate in the 37404 area. While nearly 46.82% of residents own their homes outright in 37404, 53.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37404 is $3,570 per month. Households that rent pay about 24.12% of their income on rent here. 37404's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 37403, TN: higher priced homes
- 37408, TN: higher priced homes
- 37407, TN: less expensive homes
- 37411, TN: higher priced homes
- 37402, TN: higher priced homes
- 37406, TN: equally priced homes
- 37412, TN: equally priced homes
- 37410, TN: less expensive homes
- 37409, TN: higher priced homes
- 37405, TN: higher priced homes
Zip Codes with Similar Populations
- 02465, MA: higher priced homes
- 97210, OR: higher priced homes
- 93908, CA: higher priced homes
- 78576, TX: less expensive homes
- 75757, TX: higher priced homes
- 72212, AR: higher priced homes
- 70811, LA: less expensive homes
- 68133, NE: higher priced homes
- 60471, IL: higher priced homes
- 48166, MI: equally priced homes
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