
Expensive
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These days, finding an affordable place to live in the 38103 area can be challenging. Home prices in 38103 are now at a median cost of $322,389, higher than the Tennessee average of $218,916.
The average cost of rent is $1,326/mo in 38103, primarily driven by the current value of real estate in the 38103 area. While nearly 37.87% of residents own their homes outright in 38103, 70.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38103 is $5,861 per month. Households that rent pay about 22.62% of their income on rent here. 38103's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 38105, TN: less expensive homes
- 38126, TN: less expensive homes
- 38107, TN: less expensive homes
- 38104, TN: less expensive homes
- 38106, TN: less expensive homes
- 38112, TN: less expensive homes
- 38114, TN: less expensive homes
- 38127, TN: less expensive homes
- 38108, TN: less expensive homes
- 38132, TN: less expensive homes
Zip Codes with Similar Populations
- 01835, MA: equally priced homes
- 02114, MA: higher priced homes
- 02917, RI: equally priced homes
- 49348, MI: less expensive homes
- 62034, IL: less expensive homes
- 61068, IL: less expensive homes
- 60429, IL: less expensive homes
- 60191, IL: less expensive homes
- 59937, MT: higher priced homes
- 59840, MT: less expensive homes
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