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These days, finding an affordable place to live in the 37806 area can be challenging. Home prices in 37806 are now at a median cost of $220,210, lower than the Tennessee average of $315,131.
The average cost of rent is $781/mo in 37806, primarily driven by the current value of real estate in the 37806 area. In 37806, 23.55% of households rent, and 44.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37806 is $4,623 per month. Households that rent pay about 16.89% of their income on rent here. 37806’s most expensive areas are in the eastern 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
- 37924, TN: higher priced homes
- 37871, TN: equally priced homes
- 37721, TN: equally priced homes
- 37709, TN: higher priced homes
- 37914, TN: equally priced homes
- 37820, TN: equally priced homes
- 37918, TN: higher priced homes
- 37764, TN: higher priced homes
- 37917, TN: higher priced homes
- 37938, TN: higher priced homes
Zip Codes with Similar Populations
- 63037, MO: equally priced homes
- 32702, FL: less expensive homes
- 38620, MS: less expensive homes
- 40385, KY: less expensive homes
- 43557, OH: less expensive homes
- 44643, OH: less expensive homes
- 01083, MA: higher priced homes
- 44846, OH: higher priced homes
- 61531, IL: less expensive homes
- 44840, OH: equally priced homes
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