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These days, finding an affordable place to live in the 38018 area can be challenging. Home prices in 38018 are now at a median cost of $202,114, lower than the Tennessee average of $218,916.
The average cost of rent is $1,477/mo in 38018, primarily driven by the current value of real estate in the 38018 area. While nearly 27.06% of residents own their homes outright in 38018, 34.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38018 is $7,016 per month. Households that rent pay about 21.05% of their income on rent here. 38018's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 38016, TN: equally priced homes
- 38139, TN: higher priced homes
- 38138, TN: higher priced homes
- 38133, TN: equally priced homes
- 38120, TN: higher priced homes
- 38134, TN: less expensive homes
- 38119, TN: equally priced homes
- 38117, TN: higher priced homes
- 38115, TN: less expensive homes
- 38135, TN: equally priced homes
Zip Codes with Similar Populations
- 33801, FL: less expensive homes
- 33905, FL: higher priced homes
- 97477, OR: higher priced homes
- 02138, MA: higher priced homes
- 98290, WA: higher priced homes
- 80211, CO: higher priced homes
- 91326, CA: higher priced homes
- 77520, TX: less expensive homes
- 40245, KY: higher priced homes
- 48154, MI: higher priced homes
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