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These days, finding an affordable place to live in the 38037 area can be challenging. Home prices in 38037 are now at a median cost of $96,253, lower than the Tennessee average of $218,916.
The average cost of rent is $663/mo in 38037, primarily driven by the current value of real estate in the 38037 area. While nearly 59.73% of residents own their homes outright in 38037, 34.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38037 is $3,596 per month. Households that rent pay about 18.44% of their income on rent here. 38037's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 38040, TN: equally priced homes
- 38063, TN: equally priced homes
- 38050, TN: less expensive homes
- 38034, TN: higher priced homes
- 38070, TN: higher priced homes
- 38021, TN: higher priced homes
- 38001, TN: higher priced homes
- 38006, TN: higher priced homes
- 72310, AR: higher priced homes
- 38337, TN: higher priced homes
Zip Codes with Similar Populations
- 12140, NY: higher priced homes
- 12440, NY: higher priced homes
- 12737, NY: higher priced homes
- 12740, NY: higher priced homes
- 64491, MO: less expensive homes
- 13145, NY: higher priced homes
- 16838, PA: higher priced homes
- 17058, PA: higher priced homes
- 19716, DE: higher priced homes
- 19954, DE: higher priced homes
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