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These days, finding an affordable place to live in the 38044 area can be challenging. Home prices in 38044 are now at a median cost of $279,666, lower than the Tennessee average of $315,131.
The average cost of rent is $846/mo in 38044, primarily driven by the current value of real estate in the 38044 area. In 38044, 12.77% of households rent, and 54.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38044 is $5,279 per month. Households that rent pay about 16.03% of their income on rent here. 38044’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern 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
- 38008, TN: less expensive homes
- 38315, TN: less expensive homes
- 38381, TN: less expensive homes
- 38375, TN: less expensive homes
- 38334, TN: less expensive homes
- 38042, TN: less expensive homes
- 38075, TN: less expensive homes
- 38379, TN: less expensive homes
- 38310, TN: less expensive homes
- 38376, TN: less expensive homes
Zip Codes with Similar Populations
- 01258, MA: higher priced homes
- 99925, AK: equally priced homes
- 98585, WA: higher priced homes
- 87548, NM: higher priced homes
- 84649, UT: equally priced homes
- 83549, ID: higher priced homes
- 82433, WY: equally priced homes
- 81643, CO: higher priced homes
- 80820, CO: higher priced homes
- 80420, CO: higher priced homes
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