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These days, finding an affordable place to live in the 38039 area can be challenging. Home prices in 38039 are now at a median cost of $117,977, lower than the Tennessee average of $315,131.
The average cost of rent is $765/mo in 38039, primarily driven by the current value of real estate in the 38039 area. In 38039, 31.96% of households rent, and 53.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38039 is $3,626 per month. Households that rent pay about 21.11% of their income on rent here. 38039’s most expensive areas are in the western 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
- 38046, TN: higher priced homes
- 38647, MS: less expensive homes
- 38042, TN: equally priced homes
- 38067, TN: equally priced homes
- 38057, TN: higher priced homes
- 38642, MS: higher priced homes
- 38076, TN: higher priced homes
- 38052, TN: higher priced homes
- 38683, MS: equally priced homes
- 38066, TN: higher priced homes
Zip Codes with Similar Populations
- 13026, NY: higher priced homes
- 24311, VA: higher priced homes
- 24122, VA: higher priced homes
- 25286, WV: higher priced homes
- 21780, MD: higher priced homes
- 16374, PA: higher priced homes
- 15376, PA: higher priced homes
- 15360, PA: higher priced homes
- 25625, WV: equally priced homes
- 68729, NE: equally priced homes
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