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Affordable
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These days, finding an affordable place to live in the 38077 area can be challenging. Home prices in 38077 are now at a median cost of $186,100, lower than the Tennessee average of $315,131.
The average cost of rent is $510/mo in 38077, primarily driven by the current value of real estate in the 38077 area. In 38077, 24.14% of households rent, and 68.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38077 is $2,261 per month. Households that rent pay about 22.55% of their income on rent here. 38077’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 38079, TN: less expensive homes
- 38080, TN: less expensive homes
- 38254, TN: less expensive homes
- 38232, TN: less expensive homes
- 38240, TN: less expensive homes
- 63873, MO: less expensive homes
- 38260, TN: less expensive homes
- 63851, MO: less expensive homes
- 63879, MO: less expensive homes
- 63827, MO: less expensive homes
Zip Codes with Similar Populations
- 17083, PA: higher priced homes
- 13436, NY: higher priced homes
- 97637, OR: higher priced homes
- 03291, NH: higher priced homes
- 97911, OR: higher priced homes
- 13632, NY: equally priced homes
- 16725, PA: less expensive homes
- 10979, NY: higher priced homes
- 23884, VA: higher priced homes
- 06753, CT: higher priced homes
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