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These days, finding an affordable place to live in the 38068 area can be challenging. Home prices in 38068 are now at a median cost of $272,226, lower than the Tennessee average of $315,131.
The average cost of rent is $910/mo in 38068, primarily driven by the current value of real estate in the 38068 area. In 38068, 24.43% of households rent, and 37.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38068 is $6,540 per month. Households that rent pay about 13.92% of their income on rent here. 38068’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern 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
- 38060, TN: higher priced homes
- 38075, TN: less expensive homes
- 38042, TN: less expensive homes
- 38036, TN: less expensive homes
- 38028, TN: higher priced homes
- 38002, TN: higher priced homes
- 38008, TN: less expensive homes
- 38016, TN: equally priced homes
- 38381, TN: less expensive homes
Zip Codes with Similar Populations
- 71635, AR: less expensive homes
- 33332, FL: higher priced homes
- 35570, AL: less expensive homes
- 42445, KY: less expensive homes
- 44408, OH: less expensive homes
- 44890, OH: less expensive homes
- 49127, MI: higher priced homes
- 54615, WI: less expensive homes
- 60534, IL: equally priced homes
- 62454, IL: less expensive homes
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