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These days, finding an affordable place to live in the 38046 area can be challenging. Home prices in 38046 are now at a median cost of $182,886, lower than the Tennessee average of $315,131.
The average cost of rent is $765/mo in 38046, primarily driven by the current value of real estate in the 38046 area. In 38046, 33.57% of households rent, and 49.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38046 is $4,538 per month. Households that rent pay about 16.86% of their income on rent here. 38046’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern 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
- 38039, TN: less expensive homes
- 38647, MS: less expensive homes
- 38057, TN: higher priced homes
- 38042, TN: less expensive homes
- 38642, MS: less expensive homes
- 38067, TN: less expensive homes
- 38076, TN: higher priced homes
- 38066, TN: higher priced homes
- 38052, TN: less expensive homes
- 38683, MS: less expensive homes
Zip Codes with Similar Populations
- 98238, WA: higher priced homes
- 15378, PA: higher priced homes
- 15379, PA: higher priced homes
- 15449, PA: less expensive homes
- 15492, PA: equally priced homes
- 22548, VA: higher priced homes
- 23313, VA: higher priced homes
- 95724, CA: higher priced homes
- 96061, CA: higher priced homes
- 96742, HI: higher priced homes
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