Most Affordable ZIP Codes in Johnson City, TN (2026)
The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 37658 | Hampton, TN | $206,682 | $909 | 3.43% | 6.0% |
| 2 | 37650 | Erwin, TN | $228,638 | $909 | 3.10% | 6.3% |
| 3 | 37643 | Elizabethton, TN | $236,372 | $1,067 | 3.52% | 7.3% |
| 4 | 37694 | Watauga, TN | $248,700 | $909 | 2.85% | 7.2% |
| 5 | 37687 | Roan Mountain, TN | $250,613 | $972 | 3.03% | 6.0% |
| 6 | 37601 | Johnson City, TN | $267,948 | $1,314 | 3.82% | 7.1% |
| 7 | 37604 | Johnson City, TN | $288,254 | $1,481 | 4.01% | 6.7% |
| 8 | 37656 | Fall Branch, TN | $289,170 | $963 | 2.60% | 7.8% |
| 9 | 37692 | Unicoi, TN | $297,627 | $999 | 2.62% | 6.4% |
| 10 | 37681 | Limestone, TN | $298,957 | $909 | 2.37% | 6.6% |
| 11 | 37640 | Butler, TN | $306,242 | $909 | 2.32% | 4.5% |
| 12 | 37690 | Telford, TN | $314,068 | $1,026 | 2.55% | 7.0% |
| 13 | 37659 | Jonesborough, TN | $344,383 | $1,628 | 3.69% | 7.4% |
| 14 | 37615 | Johnson City, TN | $359,330 | $1,900 | 4.12% | 6.5% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Cash Flow in Johnson City, TN · Appreciation in Johnson City, TN
Or see the full Johnson City, TN metro profile.