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These days, finding an affordable place to live in the 38104 area can be challenging. Home prices in 38104 are now at a median cost of $242,892, higher than the Tennessee average of $218,916.
The average cost of rent is $945/mo in 38104, primarily driven by the current value of real estate in the 38104 area. While nearly 34.28% of residents own their homes outright in 38104, 61.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38104 is $4,337 per month. Households that rent pay about 21.79% of their income on rent here. 38104's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 38112, TN: less expensive homes
- 38105, TN: less expensive homes
- 38126, TN: less expensive homes
- 38107, TN: less expensive homes
- 38106, TN: less expensive homes
- 38114, TN: less expensive homes
- 38103, TN: higher priced homes
- 38111, TN: less expensive homes
- 38152, TN: higher priced homes
- 38108, TN: less expensive homes
Zip Codes with Similar Populations
- 33331, FL: higher priced homes
- 62901, IL: less expensive homes
- 52403, IA: less expensive homes
- 83202, ID: less expensive homes
- 85541, AZ: higher priced homes
- 34481, FL: less expensive homes
- 96814, HI: higher priced homes
- 32060, FL: less expensive homes
- 31069, GA: less expensive homes
- 29678, SC: less expensive homes
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