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These days, finding an affordable place to live in the 38049 area can be challenging. Home prices in 38049 are now at a median cost of $173,305, lower than the Tennessee average of $315,131.
The average cost of rent is $934/mo in 38049, primarily driven by the current value of real estate in the 38049 area. In 38049, 32.49% of households rent, and 44.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38049 is $5,535 per month. Households that rent pay about 16.88% of their income on rent here. 38049’s most expensive areas are in the southwestern 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
- 38036, TN: higher priced homes
- 38011, TN: higher priced homes
- 38069, TN: less expensive homes
- 38019, TN: higher priced homes
- 38004, TN: higher priced homes
- 38058, TN: higher priced homes
- 38015, TN: equally priced homes
- 38054, TN: higher priced homes
- 38023, TN: higher priced homes
- 38053, TN: higher priced homes
Zip Codes with Similar Populations
- 26034, WV: less expensive homes
- 13452, NY: less expensive homes
- 83252, ID: higher priced homes
- 82443, WY: higher priced homes
- 13849, NY: less expensive homes
- 14105, NY: equally priced homes
- 14512, NY: higher priced homes
- 81328, CO: higher priced homes
- 15431, PA: less expensive homes
- 15681, PA: less expensive homes
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