HousingHandbookReference data

U.S. ZIP Code · TN37127

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

Typical home value

$423,618[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.1%
5-year / yr
+5.8%
10-year / yr
+7.1%

Relative price

vs U.S.
+49.1%
vs metro
+3.9%
vs state
+60.0%
ZIP 37127 location in TN
Location of ZIP 37127 in TN

Price history

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

The typical home in 37127 is worth $423,618 — 3.9% above the Nashville-Davidson--Murfreesboro--Franklin, TN median. Over the past year, values have risen 0.1%. Homes here rent for a typical $1,816 a month — a 5.1% 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
$1,816[2]
Gross yield
5.1%[2]
Cap rate
3.1%[2]

#Property tax

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

Effective tax rate
0.5%[3]
Typical annual tax
$2,085[3]

#Climate risk

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

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

#Who lives here

Population
21,499[3]
Median household income
$91,401[3]

#Migration

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

Net migration
+1,051[5]
Moved in
12,685
Moved out
11,634

Schools

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

Public schools
2
Elementary
1
Middle
1
High
0
  • Whitworth-Buchanan Middle School

    Middle · Grades 6–8 · Rutherford County

    762 students

  • Buchanan Elementary

    Elementary · Grades PK–5 · Rutherford County

    463 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.

Gross yield5.1%
Net yield (after ~40% expenses)3.1%
Annual rent$21,793

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.

Monthly payment$2,142
Loan principal$338,895
Down payment$84,724
Total interest paid$432,241

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.

Own : rent ratio1.47
Monthly cost to own$2,668
Monthly rent$1,816

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
42nd percentile[1]
Rental yield
64th percentile[2]
Property tax
68th percentile[3]

Frequently asked

How much is a home worth in ZIP code 37127?
The typical home in 37127 is worth $423,618, based on the Zillow Home Value Index.
Are home values rising in 37127?
Home values in 37127 are up 0.1% over the past year, and up 5.8% a year over five years.
What is the typical rent in 37127?
A typical home in 37127 rents for about $1,816 a month, a gross rental yield of 5.1%.
What is the property tax rate in 37127?
The effective property tax rate in 37127 is 0.5% — roughly $2,085 a year on a typical home.
Who lives in 37127?
ZIP code 37127 has a population of 21,499 and a median household income of $91,401.

#Comparable ZIPs

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

  • Hartsville/Trousdale County, TN

    Typical home
    $425,884
    Gross yield
  • Cross Plains, TN

    Typical home
    $421,168
    Gross yield
  • Coopertown, TN

    Typical home
    $420,984
    Gross yield
    5.5%
  • Cedar Hill, TN

    Typical home
    $428,420
    Gross yield
  • TN

    Typical home
    $431,278
    Gross yield
  • Greenvale CDP, TN

    Typical home
    $433,631
    Gross yield

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