How much is a home worth in ZIP code 37015?

The typical home in 37015 is worth $349,394, based on the Zillow Home Value Index.

Are home values rising in 37015?

Home values in 37015 are down 0.3% over the past year, and up 5.4% a year over five years.

What is the typical rent in 37015?

A typical home in 37015 rents for about $1,665 a month, a gross rental yield of 5.7%.

What is the property tax rate in 37015?

The effective property tax rate in 37015 is 0.5% — roughly $1,619 a year on a typical home.

ZIP code 37015 has a population of 18,988 and a median household income of $79,092.

HousingHandbookReference data

…

U.S. ZIP Code · TN37015

Cheatham County · Nashville-Davidson--Murfreesboro--Franklin, TN

Typical home value

$349,394^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.3%
5-year / yr: +5.4%
10-year / yr: +7.6%

Relative price

vs U.S.: +23.0%
vs metro: -14.3%
vs state: +32.0%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 37015 is worth $349,394 — 14.3% below the Nashville-Davidson--Murfreesboro--Franklin, TN median. Over the past year, values have fallen 0.3%. Homes here rent for a typical $1,665 a month — a 5.7% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,665^[2]
Gross yield: 5.7%^[2]
Cap rate: 3.4%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.5%^[3]
Typical annual tax: $1,619^[3]

#Climate risk

FEMA National Risk Index ratings for Cheatham County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Low^[4]
Riverine flood: Relatively Low
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Low
Hurricane: Very Low
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Very Low

#Who lives here

Population: 18,988^[3]
Median household income: $79,092^[3]

#Migration

Household moves in and out of Cheatham County over a year, from IRS tax-return data.

Net migration: +215^[5]
Moved in: 1,695
Moved out: 1,480

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 2
Middle: 1
High: 2

Cheatham Co Central
High · Grades 9–12 · Cheatham County
553 students
Cheatham Middle School
Middle · Grades 5–8 · Cheatham County
531 students
Ashland City Elementary
Elementary · Grades PK–4 · Cheatham County
418 students
East Cheatham Elementary
Elementary · Grades PK–4 · Cheatham County
388 students
Cheatham County Virtual School
High · Grades 9–12 · Cheatham County
38 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.7%

Net yield (after ~40% expenses)3.4%

Annual rent$19,979

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,767

Loan principal$279,515

Down payment$69,879

Total interest paid$356,506

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.32

Monthly cost to own$2,192

Monthly rent$1,665

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 30th percentile^[1]
Rental yield: 83rd percentile^[2]
Property tax: 54th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 37015?: The typical home in 37015 is worth $349,394, based on the Zillow Home Value Index.
Are home values rising in 37015?: Home values in 37015 are down 0.3% over the past year, and up 5.4% a year over five years.
What is the typical rent in 37015?: A typical home in 37015 rents for about $1,665 a month, a gross rental yield of 5.7%.
What is the property tax rate in 37015?: The effective property tax rate in 37015 is 0.5% — roughly $1,619 a year on a typical home.
Who lives in 37015?: ZIP code 37015 has a population of 18,988 and a median household income of $79,092.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

37022 vs 37015 →
Hartsville/Trousdale County, TN
Typical home
$351,615
Gross yield
—
37187 vs 37015 →
White Bluff, TN
Typical home
$346,172
Gross yield
—
37036
Charlotte, TN
Typical home
$345,515
Gross yield
—
37055
Dickson, TN
Typical home
$345,398
Gross yield
5.5%
37051
Slayden, TN
Typical home
$353,655
Gross yield
—
37086
La Vergne, TN
Typical home
$342,870
Gross yield
7.3%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 37015 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · TN37015

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