How much is a home worth in ZIP code 37087?

The typical home in 37087 is worth $441,450, based on the Zillow Home Value Index.

Are home values rising in 37087?

Home values in 37087 are up 0.8% over the past year, and up 6.1% a year over five years.

What is the typical rent in 37087?

A typical home in 37087 rents for about $1,711 a month, a gross rental yield of 4.7%.

What is the property tax rate in 37087?

The effective property tax rate in 37087 is 0.5% — roughly $2,102 a year on a typical home.

ZIP code 37087 has a population of 56,655 and a median household income of $82,143.

HousingHandbookReference data

…

U.S. ZIP Code · TN37087

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

Typical home value

$441,450^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.8%
5-year / yr: +6.1%
10-year / yr: +7.1%

Relative price

vs U.S.: +55.4%
vs metro: +8.2%
vs state: +66.8%

Price history

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

The typical home in 37087 is worth $441,450 — 8.2% above the Nashville-Davidson--Murfreesboro--Franklin, TN median. Over the past year, values have risen 0.8%. Homes here rent for a typical $1,711 a month — a 4.7% 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: $1,711^[2]
Gross yield: 4.7%^[2]
Cap rate: 2.8%^[2]

#Property tax

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

Effective tax rate: 0.5%^[3]
Typical annual tax: $2,102^[3]

#Climate risk

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

Overall risk: Relatively Low^[4]
Riverine flood: Relatively Moderate
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: Relatively High

#Who lives here

Population: 56,655^[3]
Median household income: $82,143^[3]

#Migration

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

Net migration: +1,934^[5]
Moved in: 7,109
Moved out: 5,175

Schools

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

Public schools: 13
Elementary: 8
Middle: 2
High: 2

Lebanon High School
High · Grades 9–12 · Wilson County
1,808 students
Southside Elementary
Elementary · Grades PK–8 · Wilson County
772 students
Carroll Oakland Elementary
Elementary · Grades PK–8 · Wilson County
747 students
Sam Houston Elementary
Elementary · Grades PK–5 · Lebanon
702 students
Walter J. Baird Middle School
Middle · Grades 6–8 · Lebanon
698 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 yield4.7%

Net yield (after ~40% expenses)2.8%

Annual rent$20,528

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$2,232

Loan principal$353,160

Down payment$88,290

Total interest paid$450,436

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 ratio1.62

Monthly cost to own$2,777

Monthly rent$1,711

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: 53rd percentile^[1]
Rental yield: 47th percentile^[2]
Property tax: 62nd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

2nd for fastest-growing in TNView list →

Frequently asked

How much is a home worth in ZIP code 37087?: The typical home in 37087 is worth $441,450, based on the Zillow Home Value Index.
Are home values rising in 37087?: Home values in 37087 are up 0.8% over the past year, and up 6.1% a year over five years.
What is the typical rent in 37087?: A typical home in 37087 rents for about $1,711 a month, a gross rental yield of 4.7%.
What is the property tax rate in 37087?: The effective property tax rate in 37087 is 0.5% — roughly $2,102 a year on a typical home.
Who lives in 37087?: ZIP code 37087 has a population of 56,655 and a median household income of $82,143.

#Comparable ZIPs

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

37066 vs 37087 →
Gallatin, TN
Typical home
$443,167
Gross yield
4.5%
37029 vs 37087 →
Burns, TN
Typical home
$443,818
Gross yield
—
37129
Murfreesboro, TN
Typical home
$444,781
Gross yield
5.0%
37128
Murfreesboro, TN
Typical home
$445,407
Gross yield
4.6%
38569
TN
Typical home
$435,730
Gross yield
—
37143
Pegram, TN
Typical home
$448,730
Gross yield
—

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#Jump to section

U.S. ZIP Code · TN37087

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