Cleveland, TN Metro Area - Investment Guide
Metro Area • 9 Cities • 13 ZIP Codes
Avg Home Value
$278,507
Avg Monthly Rent
$1,112
Avg Cap Rate
3.29%
Avg Investability
2.9 ★
Cities
9
ZIP Codes
13
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
❄️
COOL MARKET
Cleveland, TN Metro Area
More inventory, negotiating room for buyers
84 days
Average time to sell
Slow
11.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Cleveland, TN
Every ZIP in the metro, ranked four ways. Free.
Cities in Cleveland, TN
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 37323 | Cleveland | TN | $293,337 | $1,098 | 2.92% | |
| 37361 | Ocoee | TN | $316,656 | $981 | 2.42% | |
| 37307 | Benton | TN | $263,044 | $981 | 2.91% | |
| 37310 | Cleveland | TN | $355,309 | $999 | 2.19% | |
| 37325 | Delano | TN | $249,502 | $981 | 3.07% | |
| 37362 | Oldfort | TN | $260,119 | $981 | 2.94% | |
| 37369 | Reliance | TN | $230,156 | $981 | 3.32% | |
| 37311 | Cleveland | TN | $252,792 | $1,394 | 4.30% | |
| 37333 | Farner | TN | $126,600 | $981 | 6.04% | |
| 37353 | Mc Donald | TN | $411,452 | $1,161 | 2.20% | |
| 37391 | Turtletown | TN | $224,324 | $1,017 | 3.54% | |
| 37312 | Cleveland | TN | $352,272 | $1,379 | 3.05% | |
| 37317 | Turtletown | TN | $208,198 | $981 | 3.68% | |
| 37361 | Ocoee | TN | $295,400 | $981 | 2.59% | |
| 37307 | Benton | TN | $268,272 | $981 | 2.85% | |
| 37323 | Cleveland | TN | $301,239 | $1,656 | 4.29% | |
| 37362 | Oldfort | TN | $240,308 | $981 | 3.18% | |
| 37369 | Reliance | TN | $207,980 | $981 | 3.68% | |
| 37310 | Cleveland | TN | $362,465 | $999 | 2.15% | |
| 37325 | Delano | TN | $271,467 | $981 | 2.82% | |
| 37391 | Turtletown | TN | $212,528 | $1,017 | 3.73% | |
| 37311 | Cleveland | TN | $254,348 | $1,385 | 4.25% | |
| 37353 | Mc Donald | TN | $411,326 | $1,161 | 2.20% | |
| 37312 | Cleveland | TN | $355,264 | $1,355 | 2.98% | |
| 37317 | Turtletown | TN | $210,332 | $981 | 3.64% | |
| 37361 | Ocoee | TN | $314,362 | $981 | 2.43% | |
| 37307 | Benton | TN | $253,177 | $981 | 3.02% | |
| 37310 | Cleveland | TN | $346,942 | $999 | 2.25% | |
| 37323 | Cleveland | TN | $303,861 | $1,678 | 4.31% | |
| 37362 | Oldfort | TN | $255,885 | $981 | 2.99% | |
| 37369 | Reliance | TN | $218,970 | $981 | 3.49% | |
| 37311 | Cleveland | TN | $247,609 | $1,349 | 4.25% | |
| 37325 | Delano | TN | $274,773 | $981 | 2.78% | |
| 37391 | Turtletown | TN | $220,273 | $1,017 | 3.60% | |
| 37312 | Cleveland | TN | $343,745 | $1,349 | 3.06% | |
| 37317 | Turtletown | TN | $192,084 | $981 | 3.98% | |
| 37353 | Mc Donald | TN | $416,692 | $1,161 | 2.17% | |
| 37307 | Benton | TN | $271,100 | $981 | 2.82% | |
| 37323 | Cleveland | TN | $294,877 | $1,656 | 4.38% | |
| 37361 | Ocoee | TN | $320,992 | $981 | 2.38% | |
| 37362 | Oldfort | TN | $263,513 | $981 | 2.90% | |
| 37310 | Cleveland | TN | $366,976 | $999 | 2.12% | |
| 37325 | Delano | TN | $258,486 | $981 | 2.96% | |
| 37369 | Reliance | TN | $227,148 | $981 | 3.37% | |
| 37311 | Cleveland | TN | $257,560 | $1,438 | 4.35% | |
| 37353 | Mc Donald | TN | $403,445 | $1,161 | 2.24% | |
| 37391 | Turtletown | TN | $218,714 | $1,017 | 3.63% | |
| 37312 | Cleveland | TN | $358,029 | $1,370 | 2.98% | |
| 37317 | Turtletown | TN | $214,012 | $981 | 3.58% | |
| 37361 | Ocoee | TN | $296,767 | $981 | 2.58% |
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About Cleveland, TN Real Estate Market
The Cleveland, TN metropolitan statistical area (MSA) encompasses 9 cities and 13 ZIP codes. The average home value across the metro is $278,507, with an average monthly rent of $1,112. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.