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These days, finding an affordable place to live in the 37811 area can be challenging. Home prices in 37811 are now at a median cost of $161,223, lower than the Tennessee average of $315,131.
The average cost of rent is $708/mo in 37811, primarily driven by the current value of real estate in the 37811 area. In 37811, 13.30% of households rent, and 52.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37811 is $4,440 per month. Households that rent pay about 15.95% of their income on rent here. 37811’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern 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
- 37708, TN: higher priced homes
- 37860, TN: higher priced homes
- 37891, TN: higher priced homes
- 37881, TN: less expensive homes
- 37814, TN: higher priced homes
- 37711, TN: equally priced homes
- 37857, TN: equally priced homes
- 37861, TN: higher priced homes
- 37879, TN: equally priced homes
- 37888, TN: equally priced homes
Zip Codes with Similar Populations
- 33306, FL: higher priced homes
- 68873, NE: higher priced homes
- 58368, ND: less expensive homes
- 56359, MN: higher priced homes
- 55043, MN: higher priced homes
- 03223, NH: higher priced homes
- 50054, IA: higher priced homes
- 36040, AL: less expensive homes
- 35171, AL: higher priced homes
- 35091, AL: higher priced homes
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