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These days, finding an affordable place to live in the 37409 area can be challenging. Home prices in 37409 are now at a median cost of $274,047, lower than the Tennessee average of $315,131.
The average cost of rent is $1,456/mo in 37409, primarily driven by the current value of real estate in the 37409 area. In 37409, 42.38% of households rent, and 46.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37409 is $5,259 per month. Households that rent pay about 27.69% of their income on rent here. 37409’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern 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
- 37410, TN: less expensive homes
- 37350, TN: higher priced homes
- 37407, TN: less expensive homes
- 37408, TN: higher priced homes
- 37402, TN: higher priced homes
- 37419, TN: higher priced homes
- 37403, TN: higher priced homes
- 37404, TN: less expensive homes
- 30741, GA: less expensive homes
- 30750, GA: higher priced homes
Zip Codes with Similar Populations
- 12850, NY: higher priced homes
- 14739, NY: less expensive homes
- 17034, PA: less expensive homes
- 27355, NC: less expensive homes
- 19383, PA: higher priced homes
- 76682, TX: less expensive homes
- 43416, OH: less expensive homes
- 40076, KY: higher priced homes
- 67449, KS: less expensive homes
- 56159, MN: less expensive homes
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