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These days, finding an affordable place to live in the 38028 area can be challenging. Home prices in 38028 are now at a median cost of $456,459, higher than the Tennessee average of $315,131.
The average cost of rent is $1,310/mo in 38028, primarily driven by the current value of real estate in the 38028 area. In 38028, 10.15% of households rent, and 38.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38028 is $11,398 per month. Households that rent pay about 11.49% of their income on rent here. 38028’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 38002, TN: less expensive homes
- 38060, TN: less expensive homes
- 38016, TN: less expensive homes
- 38018, TN: less expensive homes
- 38066, TN: less expensive homes
- 38017, TN: higher priced homes
- 38133, TN: less expensive homes
- 38139, TN: higher priced homes
- 38138, TN: equally priced homes
- 38076, TN: less expensive homes
Zip Codes with Similar Populations
- 80723, CO: less expensive homes
- 14068, NY: less expensive homes
- 95316, CA: higher priced homes
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- 94027, CA: higher priced homes
- 85034, AZ: less expensive homes
- 81635, CO: less expensive homes
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