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These days, finding an affordable place to live in the 38059 area can be challenging. Home prices in 38059 are now at a median cost of $109,836, lower than the Tennessee average of $218,916.
The average cost of rent is $815/mo in 38059, primarily driven by the current value of real estate in the 38059 area. While nearly 48.65% of residents own their homes outright in 38059, 32.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38059 is $4,198 per month. Households that rent pay about 19.41% of their income on rent here. 38059's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 38259, TN: equally priced homes
- 38024, TN: higher priced homes
- 38240, TN: less expensive homes
- 38007, TN: equally priced homes
- 38047, TN: equally priced homes
- 38233, TN: less expensive homes
- 38030, TN: higher priced homes
- 38330, TN: less expensive homes
- 38080, TN: less expensive homes
- 38369, TN: less expensive homes
Zip Codes with Similar Populations
- 44287, OH: higher priced homes
- 70584, LA: higher priced homes
- 70092, LA: higher priced homes
- 63935, MO: equally priced homes
- 62232, IL: higher priced homes
- 55045, MN: higher priced homes
- 48350, MI: higher priced homes
- 47448, IN: higher priced homes
- 47429, IN: higher priced homes
- 47396, IN: higher priced homes
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