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These days, finding an affordable place to live in the 37845 area can be challenging. Home prices in 37845 are now at a median cost of $87,400, lower than the Tennessee average of $218,916.
The average cost of rent is $730/mo in 37845, primarily driven by the current value of real estate in the 37845 area. While nearly 62.95% of residents own their homes outright in 37845, 25.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37845 is $3,499 per month. Households that rent pay about 20.86% of their income on rent here. 37845's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 37719, TN: higher priced homes
- 37840, TN: higher priced homes
- 37887, TN: higher priced homes
- 37830, TN: higher priced homes
- 37829, TN: higher priced homes
- 37748, TN: higher priced homes
- 37710, TN: less expensive homes
- 37770, TN: higher priced homes
- 37716, TN: higher priced homes
- 37932, TN: higher priced homes
Zip Codes with Similar Populations
- 78598, TX: less expensive homes
- 57644, SD: higher priced homes
- 71972, AR: higher priced homes
- 72462, AR: equally priced homes
- 72852, AR: higher priced homes
- 72860, AR: higher priced homes
- 74543, OK: higher priced homes
- 74556, OK: equally priced homes
- 74640, OK: higher priced homes
- 75157, TX: higher priced homes
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