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These days, finding an affordable place to live in the 38079 area can be challenging. Home prices in 38079 are now at a median cost of $119,696, lower than the Tennessee average of $315,131.
The average cost of rent is $507/mo in 38079, primarily driven by the current value of real estate in the 38079 area. In 38079, 49.73% of households rent, and 66.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38079 is $2,262 per month. Households that rent pay about 22.40% of their income on rent here. 38079’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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
- 38077, TN: higher priced homes
- 38254, TN: less expensive homes
- 38232, TN: equally priced homes
- 38080, TN: less expensive homes
- 63873, MO: higher priced homes
- 38240, TN: less expensive homes
- 38260, TN: higher priced homes
- 63851, MO: less expensive homes
- 63879, MO: less expensive homes
- 38261, TN: higher priced homes
Zip Codes with Similar Populations
- 19946, DE: higher priced homes
- 73131, OK: higher priced homes
- 24538, VA: higher priced homes
- 24368, VA: higher priced homes
- 24260, VA: less expensive homes
- 24090, VA: higher priced homes
- 24064, VA: higher priced homes
- 22849, VA: higher priced homes
- 21863, MD: higher priced homes
- 21817, MD: higher priced homes
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