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These days, finding an affordable place to live in the 37406 area can be challenging. Home prices in 37406 are now at a median cost of $144,613, lower than the Tennessee average of $218,916.
The average cost of rent is $807/mo in 37406, primarily driven by the current value of real estate in the 37406 area. While nearly 53.90% of residents own their homes outright in 37406, 52.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37406 is $2,975 per month. Households that rent pay about 27.13% of their income on rent here. 37406's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 37411, TN: higher priced homes
- 37404, TN: equally priced homes
- 37351, TN: equally priced homes
- 37403, TN: higher priced homes
- 37408, TN: higher priced homes
- 37405, TN: higher priced homes
- 37402, TN: higher priced homes
- 37415, TN: higher priced homes
- 37416, TN: higher priced homes
- 37412, TN: equally priced homes
Zip Codes with Similar Populations
- 87104, NM: higher priced homes
- 23150, VA: higher priced homes
- 23662, VA: higher priced homes
- 25411, WV: higher priced homes
- 28134, NC: higher priced homes
- 28723, NC: higher priced homes
- 75654, TX: equally priced homes
- 80125, CO: higher priced homes
- 80863, CO: higher priced homes
- 81006, CO: higher priced homes
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