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These days, finding an affordable place to live in the 38015 area can be challenging. Home prices in 38015 are now at a median cost of $136,786, lower than the Tennessee average of $218,916.
The average cost of rent is $795/mo in 38015, primarily driven by the current value of real estate in the 38015 area. While nearly 48.63% of residents own their homes outright in 38015, 15.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38015 is $3,986 per month. Households that rent pay about 19.93% of their income on rent here. 38015's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 38058, TN: higher priced homes
- 38011, TN: higher priced homes
- 38023, TN: higher priced homes
- 38004, TN: higher priced homes
- 38019, TN: higher priced homes
- 38041, TN: equally priced homes
- 72329, AR: less expensive homes
- 72395, AR: equally priced homes
- 72370, AR: less expensive homes
- 38049, TN: equally priced homes
Zip Codes with Similar Populations
- 17744, PA: higher priced homes
- 17771, PA: higher priced homes
- 20664, MD: higher priced homes
- 79758, TX: higher priced homes
- 56175, MN: less expensive homes
- 56438, MN: higher priced homes
- 62922, IL: equally priced homes
- 63377, MO: higher priced homes
- 65632, MO: higher priced homes
- 71465, LA: less expensive homes
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