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These days, finding an affordable place to live in the 37848 area can be challenging. Home prices in 37848 are now at a median cost of $140,501, lower than the Tennessee average of $315,131.
The average cost of rent is $779/mo in 37848, primarily driven by the current value of real estate in the 37848 area. In 37848, 5.96% of households rent, and 64.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37848 is $5,056 per month. Households that rent pay about 15.41% of their income on rent here. 37848’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern 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
- 37779, TN: higher priced homes
- 37709, TN: higher priced homes
- 37888, TN: equally priced homes
- 37807, TN: higher priced homes
- 37861, TN: higher priced homes
- 37866, TN: higher priced homes
- 37721, TN: higher priced homes
- 37760, TN: higher priced homes
- 37877, TN: higher priced homes
- 37705, TN: higher priced homes
Zip Codes with Similar Populations
- 74460, OK: less expensive homes
- 54841, WI: higher priced homes
- 54931, WI: higher priced homes
- 55742, MN: higher priced homes
- 55785, MN: higher priced homes
- 56113, MN: higher priced homes
- 56546, MN: higher priced homes
- 68664, NE: equally priced homes
- 72085, AR: higher priced homes
- 72457, AR: less expensive homes
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