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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🏦 30-yr Fixed Rate: 7.28% as of Oct 1 Source: Freddie Mac PMMS
☀️
WARM MARKET
Cleveland, TN Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
10.9%
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 September 19, 2026 — updated weekly

Best ZIP codes in Cleveland, TN

Every ZIP in the metro, ranked four ways. Free.

Cash Flow → Appreciation → Affordable →

Cities in Cleveland, TN

Top ZIP Codes by Investability

ZIP Code City State Home Value Rent Cap Rate Rating
37323 Cleveland TN $303,861 $1,678 4.31% 3.0 ★
37362 Oldfort TN $255,885 $981 2.99% 3.0 ★
37310 Cleveland TN $346,942 $999 2.25% 3.0 ★
37311 Cleveland TN $247,609 $1,349 4.25% 3.0 ★
37325 Delano TN $274,773 $981 2.78% 3.0 ★
37369 Reliance TN $218,970 $981 3.49% 3.0 ★
37391 Turtletown TN $220,273 $1,017 3.60% 3.0 ★
37312 Cleveland TN $343,745 $1,349 3.06% 3.0 ★
37353 Mc Donald TN $416,692 $1,161 2.17% 3.0 ★
37317 Turtletown TN $192,084 $981 3.98% 3.0 ★
37361 Ocoee TN $320,992 $981 2.38% 3.0 ★
37307 Benton TN $271,100 $981 2.82% 3.0 ★
37323 Cleveland TN $294,877 $1,656 4.38% 3.0 ★
37325 Delano TN $258,486 $981 2.96% 3.0 ★
37362 Oldfort TN $263,513 $981 2.90% 3.0 ★
37310 Cleveland TN $366,976 $999 2.12% 3.0 ★
37311 Cleveland TN $257,560 $1,438 4.35% 3.0 ★
37369 Reliance TN $227,148 $981 3.37% 3.0 ★
37391 Turtletown TN $218,714 $1,017 3.63% 3.0 ★
37312 Cleveland TN $358,029 $1,370 2.98% 3.0 ★
37353 Mc Donald TN $403,445 $1,161 2.24% 3.0 ★
37361 Ocoee TN $296,767 $981 2.58% 3.0 ★
37307 Benton TN $249,820 $981 3.06% 3.0 ★
37317 Turtletown TN $214,012 $981 3.58% 3.0 ★
37323 Cleveland TN $307,218 $1,677 4.26% 3.0 ★
37362 Oldfort TN $247,229 $981 3.10% 3.0 ★
37310 Cleveland TN $344,350 $999 2.26% 3.0 ★
37311 Cleveland TN $248,586 $1,392 4.37% 3.0 ★
37325 Delano TN $281,069 $981 2.72% 3.0 ★
37369 Reliance TN $208,615 $981 3.67% 3.0 ★
37391 Turtletown TN $211,147 $1,017 3.76% 3.0 ★
37312 Cleveland TN $342,720 $1,355 3.08% 3.0 ★
37317 Turtletown TN $200,254 $981 3.82% 3.0 ★
37353 Mc Donald TN $424,072 $1,161 2.14% 3.0 ★
37361 Ocoee TN $325,205 $981 2.35% 3.0 ★
37307 Benton TN $266,573 $981 2.87% 3.0 ★
37323 Cleveland TN $293,337 $1,098 2.92% 3.0 ★
37325 Delano TN $249,502 $981 3.07% 3.0 ★
37362 Oldfort TN $269,521 $981 2.84% 3.0 ★
37310 Cleveland TN $355,455 $999 2.19% 3.0 ★
37311 Cleveland TN $255,825 $1,462 4.46% 3.0 ★
37333 Farner TN $126,600 $981 6.04% 3.0 ★
37369 Reliance TN $234,543 $981 3.26% 3.0 ★
37391 Turtletown TN $230,129 $1,017 3.45% 3.0 ★
37312 Cleveland TN $353,748 $1,346 2.97% 3.0 ★
37353 Mc Donald TN $411,452 $1,161 2.20% 3.0 ★
37361 Ocoee TN $295,400 $981 2.59% 3.0 ★
37307 Benton TN $249,820 $981 3.06% 3.0 ★
37317 Turtletown TN $209,222 $981 3.66% 3.0 ★
37323 Cleveland TN $303,336 $1,697 4.36% 3.0 ★
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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.