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Manchester city, TN

ZIP 37355 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 37355

Median Home Value
$238,000
Median Rent
$723
Affordability Snapshot
$66,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,529/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.8x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

27.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 37355 in Manchester city, TN, a household would need roughly $66,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,529. That is roughly in line with the local median household income ($62,943). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
72.0%+10% vs US avg
x
Vacancy Rate
8.3%-20% vs US avg
x
Broadband Access
82.0%-6% vs US avg
x
4+ Bedrooms
3.2%-78% vs US avg
x
Built Pre-1939
1.8%-86% vs US avg
x
Built Post-2014
2.5%-64% vs US avg
x
Rent Burden >30%
16.5%-67% vs US avg
x
Mortgage-Free
49.3%+29% vs US avg
x
$238,000
Home Value
$723
Rent
1989
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached73.8%
  • 1-unit attached1.9%
  • 2-9 units8.9%
  • 10+ units2.6%
  • Mobile home & other12.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$238,000
Median rent$723
Owner-occupied72.0%
Vacant8.3%
Price-to-income3.8x
Est. income to buy$66,000