Affordable
Expensive
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These days, finding an affordable place to live in the 38004 area can be challenging. Home prices in 38004 are now at a median cost of $211,668, lower than the Tennessee average of $218,916.
The average cost of rent is $1,238/mo in 38004, primarily driven by the current value of real estate in the 38004 area. While nearly 25.64% of residents own their homes outright in 38004, 13.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38004 is $7,151 per month. Households that rent pay about 17.32% of their income on rent here. 38004's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
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- 72395, AR: less expensive homes
Zip Codes with Similar Populations
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