Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 38112 area can be challenging. Home prices in 38112 are now at a median cost of $211,815, lower than the Tennessee average of $218,916.
The average cost of rent is $1,109/mo in 38112, primarily driven by the current value of real estate in the 38112 area. While nearly 49.67% of residents own their homes outright in 38112, 45.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38112 is $4,878 per month. Households that rent pay about 22.74% of their income on rent here. 38112's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 38104, TN: higher priced homes
- 38108, TN: less expensive homes
- 38107, TN: less expensive homes
- 38122, TN: less expensive homes
- 38152, TN: higher priced homes
- 38105, TN: less expensive homes
- 38111, TN: less expensive homes
- 38114, TN: less expensive homes
- 38126, TN: less expensive homes
- 38103, TN: higher priced homes
Zip Codes with Similar Populations
- 95334, CA: higher priced homes
- 18707, PA: equally priced homes
- 19525, PA: higher priced homes
- 22963, VA: higher priced homes
- 27504, NC: less expensive homes
- 28714, NC: less expensive homes
- 29078, SC: less expensive homes
- 85131, AZ: less expensive homes
- 92845, CA: higher priced homes
- 01501, MA: higher priced homes
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