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These days, finding an affordable place to live in the 38105 area can be challenging. Home prices in 38105 are now at a median cost of $98,481, lower than the Tennessee average of $218,916.
The average cost of rent is $826/mo in 38105, primarily driven by the current value of real estate in the 38105 area. While nearly 63.94% of residents own their homes outright in 38105, 84.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38105 is $2,187 per month. Households that rent pay about 37.75% of their income on rent here. 38105's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 38103, TN: higher priced homes
- 38107, TN: equally priced homes
- 38126, TN: less expensive homes
- 38104, TN: higher priced homes
- 38112, TN: higher priced homes
- 38106, TN: less expensive homes
- 38114, TN: less expensive homes
- 38108, TN: less expensive homes
- 38127, TN: less expensive homes
- 38111, TN: higher priced homes
Zip Codes with Similar Populations
- 32202, FL: less expensive homes
- 55359, MN: higher priced homes
- 53949, WI: higher priced homes
- 38849, MS: higher priced homes
- 37681, TN: higher priced homes
- 37380, TN: higher priced homes
- 37082, TN: higher priced homes
- 37022, TN: higher priced homes
- 36271, AL: higher priced homes
- 01033, MA: higher priced homes
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