37405 renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in 37405 is about $1,130 per month. This puts it in the 85th percentile compared to the state average cost of rent, which is $1,035. Households in 37405 have a median income of $6,203 per month so the average renter in 37405 is spending roughly 18% of their earnings on housing.
Nationally, and in 37405, home values are the data point most closely correlated with the cost of rent. The median price of a home in 37405 is $264,631 right now, which is higher than nearby zip codes, meaning that rents in 37405 also tend to be higher versus these nearby zip codes.
Higher rent prices are common in the eastern parts of 37405 while lower rent rates are often available in northern areas.
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