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These days, finding an affordable place to live in the 38069 area can be challenging. Home prices in 38069 are now at a median cost of $116,273, lower than the Tennessee average of $315,131.
The average cost of rent is $757/mo in 38069, primarily driven by the current value of real estate in the 38069 area. In 38069, 26.14% of households rent, and 57.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38069 is $5,374 per month. Households that rent pay about 14.08% of their income on rent here. 38069’s most expensive areas are in the northwestern 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
- 38049, TN: higher priced homes
- 38012, TN: higher priced homes
- 38075, TN: equally priced homes
- 38036, TN: higher priced homes
- 38019, TN: higher priced homes
- 38011, TN: higher priced homes
- 38392, TN: less expensive homes
- 38004, TN: higher priced homes
- 38391, TN: higher priced homes
- 38058, TN: higher priced homes
Zip Codes with Similar Populations
- 03256, NH: higher priced homes
- 37026, TN: higher priced homes
- 62347, IL: higher priced homes
- 95445, CA: higher priced homes
- 29712, SC: higher priced homes
- 29596, SC: less expensive homes
- 28617, NC: higher priced homes
- 28223, NC: higher priced homes
- 24874, WV: less expensive homes
- 23919, VA: higher priced homes
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