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These days, finding an affordable place to live in the 38001 area can be challenging. Home prices in 38001 are now at a median cost of $111,143, lower than the Tennessee average of $218,916.
The average cost of rent is $674/mo in 38001, primarily driven by the current value of real estate in the 38001 area. While nearly 56.43% of residents own their homes outright in 38001, 32.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38001 is $4,135 per month. Households that rent pay about 16.31% of their income on rent here. 38001's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 38050, TN: less expensive homes
- 38021, TN: higher priced homes
- 38006, TN: equally priced homes
- 38337, TN: higher priced homes
- 38343, TN: higher priced homes
- 38037, TN: less expensive homes
- 38040, TN: less expensive homes
- 38305, TN: higher priced homes
- 38355, TN: higher priced homes
- 38362, TN: higher priced homes
Zip Codes with Similar Populations
- 84602, UT: higher priced homes
- 89018, NV: higher priced homes
- 40051, KY: higher priced homes
- 40419, KY: less expensive homes
- 41522, KY: less expensive homes
- 43102, OH: higher priced homes
- 43430, OH: higher priced homes
- 85736, AZ: equally priced homes
- 85193, AZ: equally priced homes
- 37886, TN: higher priced homes
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