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These days, finding an affordable place to live in the 37916 area can be challenging. Home prices in 37916 are now at a median cost of $246,300, higher than the Tennessee average of $218,916.
The average cost of rent is $1,248/mo in 37916, primarily driven by the current value of real estate in the 37916 area. While nearly 66.85% of residents own their homes outright in 37916, 93.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37916 is $1,325 per month. Households that rent pay about 94.21% of their income on rent here. 37916's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 37996, TN: less expensive homes
- 37902, TN: higher priced homes
- 37915, TN: less expensive homes
- 37917, TN: less expensive homes
- 37920, TN: less expensive homes
- 37921, TN: less expensive homes
- 37912, TN: less expensive homes
- 37919, TN: higher priced homes
- 37909, TN: less expensive homes
- 37914, TN: less expensive homes
Zip Codes with Similar Populations
- 10980, NY: higher priced homes
- 16146, PA: less expensive homes
- 13207, NY: less expensive homes
- 23851, VA: less expensive homes
- 11961, NY: higher priced homes
- 27958, NC: higher priced homes
- 07974, NJ: higher priced homes
- 07660, NJ: higher priced homes
- 05468, VT: equally priced homes
- 33981, FL: higher priced homes
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