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These days, finding an affordable place to live in the 37716 area can be challenging. Home prices in 37716 are now at a median cost of $171,244, lower than the Tennessee average of $218,916.
The average cost of rent is $875/mo in 37716, primarily driven by the current value of real estate in the 37716 area. While nearly 52.90% of residents own their homes outright in 37716, 28.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37716 is $5,150 per month. Households that rent pay about 16.99% of their income on rent here. 37716's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 37710, TN: less expensive homes
- 37754, TN: less expensive homes
- 37849, TN: higher priced homes
- 37828, TN: higher priced homes
- 37769, TN: equally priced homes
- 37830, TN: higher priced homes
- 37705, TN: higher priced homes
- 37938, TN: higher priced homes
- 37912, TN: less expensive homes
- 37840, TN: less expensive homes
Zip Codes with Similar Populations
- 02905, RI: higher priced homes
- 73107, OK: less expensive homes
- 50263, IA: higher priced homes
- 46545, IN: less expensive homes
- 46214, IN: less expensive homes
- 97225, OR: higher priced homes
- 34714, FL: higher priced homes
- 33712, FL: higher priced homes
- 33618, FL: higher priced homes
- 33189, FL: higher priced homes
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