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These days, finding an affordable place to live in the 38006 area can be challenging. Home prices in 38006 are now at a median cost of $117,459, lower than the Tennessee average of $218,916.
The average cost of rent is $848/mo in 38006, primarily driven by the current value of real estate in the 38006 area. While nearly 56.21% of residents own their homes outright in 38006, 39.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38006 is $4,388 per month. Households that rent pay about 19.32% of their income on rent here. 38006's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 38337, TN: equally priced homes
- 38001, TN: equally priced homes
- 38050, TN: less expensive homes
- 38021, TN: higher priced homes
- 38343, TN: higher priced homes
- 38305, TN: higher priced homes
- 38301, TN: less expensive homes
- 38362, TN: higher priced homes
- 38355, TN: higher priced homes
- 38037, TN: less expensive homes
Zip Codes with Similar Populations
- 44280, OH: higher priced homes
- 78014, TX: less expensive homes
- 35116, AL: higher priced homes
- 48618, MI: less expensive homes
- 44262, OH: higher priced homes
- 30629, GA: higher priced homes
- 24586, VA: equally priced homes
- 24340, VA: higher priced homes
- 02702, MA: higher priced homes
- 17053, PA: higher priced homes
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