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These days, finding an affordable place to live in the 37840 area can be challenging. Home prices in 37840 are now at a median cost of $137,892, lower than the Tennessee average of $218,916.
The average cost of rent is $880/mo in 37840, primarily driven by the current value of real estate in the 37840 area. While nearly 49.61% of residents own their homes outright in 37840, 24.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37840 is $4,486 per month. Households that rent pay about 19.61% of their income on rent here. 37840's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 37719, TN: less expensive homes
- 37830, TN: higher priced homes
- 37845, TN: less expensive homes
- 37748, TN: equally priced homes
- 37710, TN: less expensive homes
- 37887, TN: less expensive homes
- 37932, TN: higher priced homes
- 37716, TN: higher priced homes
- 37829, TN: equally priced homes
- 37931, TN: higher priced homes
Zip Codes with Similar Populations
- 14006, NY: equally priced homes
- 08098, NJ: higher priced homes
- 10923, NY: higher priced homes
- 10989, NY: higher priced homes
- 11752, NY: higher priced homes
- 12061, NY: higher priced homes
- 12572, NY: higher priced homes
- 13037, NY: higher priced homes
- 97370, OR: higher priced homes
- 98247, WA: higher priced homes
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