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These days, finding an affordable place to live in the 37620 area can be challenging. Home prices in 37620 are now at a median cost of $142,219, lower than the Tennessee average of $218,916.
The average cost of rent is $804/mo in 37620, primarily driven by the current value of real estate in the 37620 area. While nearly 50.55% of residents own their homes outright in 37620, 25.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37620 is $4,355 per month. Households that rent pay about 18.47% of their income on rent here. 37620's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 24201, VA: less expensive homes
- 24202, VA: higher priced homes
- 37618, TN: equally priced homes
- 37617, TN: higher priced homes
- 37686, TN: higher priced homes
- 24211, VA: higher priced homes
- 24258, VA: equally priced homes
- 37688, TN: less expensive homes
- 37664, TN: higher priced homes
- 37615, TN: higher priced homes
Zip Codes with Similar Populations
- 27320, NC: equally priced homes
- 11379, NY: higher priced homes
- 98908, WA: higher priced homes
- 80210, CO: higher priced homes
- 32714, FL: higher priced homes
- 32034, FL: higher priced homes
- 30223, GA: equally priced homes
- 28625, NC: higher priced homes
- 21244, MD: higher priced homes
- 97128, OR: higher priced homes
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