How much is a home worth in ZIP code 37135?

The typical home in 37135 is worth $817,716, based on the Zillow Home Value Index.

Are home values rising in 37135?

Home values in 37135 are up 2.2% over the past year, and up 7.4% a year over five years.

What is the typical rent in 37135?

A typical home in 37135 rents for about $2,850 a month, a gross rental yield of 4.2%.

What is the property tax rate in 37135?

The effective property tax rate in 37135 is 0.4% — roughly $3,225 a year on a typical home.

ZIP code 37135 has a population of 24,409 and a median household income of $148,819.

HousingHandbookReference data

…

U.S. ZIP Code · TN37135

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

Typical home value

$817,716^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.2%
5-year / yr: +7.4%
10-year / yr: +7.2%

Relative price

vs U.S.: +187.9%
vs metro: +100.5%
vs state: +208.9%

Price history

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

The typical home in 37135 is worth $817,716 — 100.5% above the Nashville-Davidson--Murfreesboro--Franklin, TN median. Over the past year, values have risen 2.2%. Homes here rent for a typical $2,850 a month — a 4.2% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

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

Monthly rent: $2,850^[2]
Gross yield: 4.2%^[2]
Cap rate: 2.5%^[2]

#Property tax

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

Effective tax rate: 0.4%^[3]
Typical annual tax: $3,225^[3]

#Climate risk

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

Overall risk: Relatively Moderate^[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 Moderate

#Who lives here

Population: 24,409^[3]
Median household income: $148,819^[3]

#Migration

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

Net migration: +359^[5]
Moved in: 9,302
Moved out: 8,943

Schools

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

Public schools: 4
Elementary: 2
Middle: 1
High: 1

Nolensville High School
High · Grades 9–12 · Williamson County
1,486 students
Mill Creek Middle School
Middle · Grades 6–8 · Williamson County
914 students
Nolensville Elementary
Elementary · Grades PK–5 · Williamson County
888 students
Mill Creek Elementary School
Elementary · Grades K–5 · Williamson County
702 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 yield4.2%

Net yield (after ~40% expenses)2.5%

Annual rent$34,197

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$4,135

Loan principal$654,173

Down payment$163,543

Total interest paid$834,361

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 ratio1.78

Monthly cost to own$5,082

Monthly rent$2,850

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: 76th percentile^[1]
Rental yield: 30th percentile^[2]
Property tax: 30th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 37135?: The typical home in 37135 is worth $817,716, based on the Zillow Home Value Index.
Are home values rising in 37135?: Home values in 37135 are up 2.2% over the past year, and up 7.4% a year over five years.
What is the typical rent in 37135?: A typical home in 37135 rents for about $2,850 a month, a gross rental yield of 4.2%.
What is the property tax rate in 37135?: The effective property tax rate in 37135 is 0.4% — roughly $3,225 a year on a typical home.
Who lives in 37135?: ZIP code 37135 has a population of 24,409 and a median household income of $148,819.

#Comparable ZIPs

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

37212 vs 37135 →
Nashville-Davidson metropolitan government (balance), TN
Typical home
$763,998
Gross yield
3.1%
37064 vs 37135 →
Franklin, TN
Typical home
$896,799
Gross yield
2.9%
37179
Thompson's Station, TN
Typical home
$726,057
Gross yield
3.4%
37220
Oak Hill, TN
Typical home
$920,997
Gross yield
—
37067
Franklin, TN
Typical home
$956,446
Gross yield
2.5%
37204
Nashville-Davidson metropolitan government (balance), TN
Typical home
$1,002,188
Gross yield
2.3%

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

Compare ZIPs

Pit ZIP 37135 against any other ZIP — full side-by-side table.

Compare 37135 →

#Jump to section

U.S. ZIP Code · TN37135

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