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These days, finding an affordable place to live in the 37920 area can be challenging. Home prices in 37920 are now at a median cost of $275,622, lower than the Tennessee average of $315,131.
The average cost of rent is $1,165/mo in 37920, primarily driven by the current value of real estate in the 37920 area. In 37920, 41.33% of households rent, and 43.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37920 is $5,902 per month. Households that rent pay about 19.74% of their income on rent here. 37920’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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
- 37996, TN: higher priced homes
- 37915, TN: less expensive homes
- 37902, TN: higher priced homes
- 37916, TN: equally priced homes
- 37914, TN: less expensive homes
- 37917, TN: less expensive homes
- 37853, TN: less expensive homes
- 37919, TN: higher priced homes
- 37921, TN: less expensive homes
- 37912, TN: less expensive homes
Zip Codes with Similar Populations
- 01085, MA: higher priced homes
- 01420, MA: higher priced homes
- 98277, WA: higher priced homes
- 01752, MA: higher priced homes
- 98122, WA: higher priced homes
- 06082, CT: equally priced homes
- 90278, CA: higher priced homes
- 98033, WA: higher priced homes
- 07032, NJ: higher priced homes
- 10573, NY: higher priced homes
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