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These days, finding an affordable place to live in the 38057 area can be challenging. Home prices in 38057 are now at a median cost of $249,676, lower than the Tennessee average of $315,131.
The average cost of rent is $949/mo in 38057, primarily driven by the current value of real estate in the 38057 area. In 38057, 20.57% of households rent, and 45.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38057 is $7,040 per month. Households that rent pay about 13.48% of their income on rent here. 38057’s most expensive areas are in the northwestern 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
- 38076, TN: equally priced homes
- 38046, TN: less expensive homes
- 38066, TN: higher priced homes
- 38642, MS: less expensive homes
- 38039, TN: less expensive homes
- 38647, MS: less expensive homes
- 38042, TN: less expensive homes
- 38028, TN: higher priced homes
- 38017, TN: higher priced homes
- 38067, TN: less expensive homes
Zip Codes with Similar Populations
- 03753, NH: higher priced homes
- 80828, CO: equally priced homes
- 70515, LA: less expensive homes
- 64020, MO: less expensive homes
- 56484, MN: higher priced homes
- 52162, IA: less expensive homes
- 50525, IA: less expensive homes
- 49012, MI: higher priced homes
- 48757, MI: less expensive homes
- 47336, IN: less expensive homes
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