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These days, finding an affordable place to live in the 37705 area can be challenging. Home prices in 37705 are now at a median cost of $282,999, lower than the Tennessee average of $315,131.
The average cost of rent is $1,001/mo in 37705, primarily driven by the current value of real estate in the 37705 area. In 37705, 17.38% of households rent, and 39.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37705 is $6,910 per month. Households that rent pay about 14.49% of their income on rent here. 37705’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern 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
- 37828, TN: equally priced homes
- 37754, TN: equally priced homes
- 37769, TN: less expensive homes
- 37807, TN: less expensive homes
- 37716, TN: less expensive homes
- 37757, TN: less expensive homes
- 37714, TN: less expensive homes
- 37766, TN: less expensive homes
- 37721, TN: less expensive homes
- 37710, TN: less expensive homes
Zip Codes with Similar Populations
- 39840, GA: less expensive homes
- 35971, AL: less expensive homes
- 36250, AL: less expensive homes
- 36477, AL: less expensive homes
- 36726, AL: less expensive homes
- 37032, TN: higher priced homes
- 37690, TN: less expensive homes
- 37692, TN: less expensive homes
- 38677, MS: less expensive homes
- 39119, MS: less expensive homes
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