Most Affordable ZIP Codes in Nashville-Davidson--Murfreesboro--Franklin, 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 37150 Red Boiling Springs, TN $203,665 $855 3.27% 6.4%
2 37145 Pleasant Shade, TN $257,739 $855 2.59% 5.3%
3 37083 Lafayette, TN $272,941 $900 2.57% 6.2%
4 37030 Carthage, TN $280,589 $945 2.63% 4.3%
5 38474 Mount Pleasant, TN $282,277 $1,197 3.31% 5.1%
6 37186 Westmoreland, TN $288,095 $1,188 3.22% 4.8%
7 37095 Liberty, TN $288,701 $1,188 3.21% 5.2%
8 37012 Alexandria, TN $294,401 $1,188 3.15% 4.7%
9 38560 Elmwood, TN $295,245 $891 2.35% 5.3%
10 38563 Gordonsville, TN $312,232 $891 2.23% 4.4%
11 38567 Hickman, TN $317,425 $891 2.19% 4.3%
12 37190 Woodbury, TN $319,963 $1,188 2.90% 7.4%
13 37217 Nashville, TN $322,855 $1,360 3.29% 3.7%
14 37181 Vanleer, TN $324,896 $1,188 2.85% 5.7%
15 37115 Nashville, TN $328,799 $1,469 3.49% 4.5%
16 37074 Hartsville, TN $332,140 $1,188 2.79% 5.3%
17 37025 Bon Aqua, TN $332,687 $1,188 2.79% 4.9%
18 37148 Portland, TN $333,656 $1,600 3.74% 5.2%
19 37172 Springfield, TN $337,151 $1,630 3.77% 5.0%
20 37026 Bradyville, TN $337,637 $1,188 2.74% 7.4%
21 37036 Charlotte, TN $343,953 $1,188 2.69% 5.3%
22 37086 La Vergne, TN $345,239 $2,125 4.80% 3.6%
23 37187 White Bluff, TN $347,002 $1,765 3.97% 5.1%
24 37055 Dickson, TN $347,550 $1,582 3.55% 5.4%
25 37015 Ashland City, TN $353,759 $1,596 3.52% 4.7%

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 →