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These days, finding an affordable place to live in the 37863 area can be challenging. Home prices in 37863 are now at a median cost of $194,339, lower than the Tennessee average of $218,916.
The average cost of rent is $845/mo in 37863, primarily driven by the current value of real estate in the 37863 area. While nearly 55.60% of residents own their homes outright in 37863, 35.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37863 is $4,507 per month. Households that rent pay about 18.75% of their income on rent here. 37863's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 37862, TN: higher priced homes
- 37876, TN: equally priced homes
- 37738, TN: equally priced homes
- 37865, TN: equally priced homes
- 37882, TN: higher priced homes
- 37886, TN: equally priced homes
- 37722, TN: less expensive homes
- 37804, TN: equally priced homes
- 37853, TN: equally priced homes
- 37701, TN: equally priced homes
Zip Codes with Similar Populations
- 19950, DE: higher priced homes
- 10994, NY: higher priced homes
- 12428, NY: less expensive homes
- 13029, NY: equally priced homes
- 92342, CA: higher priced homes
- 14070, NY: less expensive homes
- 90290, CA: higher priced homes
- 18925, PA: higher priced homes
- 19070, PA: higher priced homes
- 35622, AL: less expensive homes
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