Expensive
Affordable
Affordable
Colorblind friendly
off
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 $227,219, lower than the Tennessee average of $315,131.
The average cost of rent is $1,108/mo in 38112, primarily driven by the current value of real estate in the 38112 area. In 38112, 48.58% of households rent, and 50.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38112 is $5,446 per month. Households that rent pay about 20.35% of their income on rent here. 38112’s most expensive areas are in the western regions, while the cheapest areas are in the northern 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
- 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: equally priced 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: higher priced homes
- 19525, PA: higher priced homes
- 22963, VA: higher priced homes
- 27504, NC: equally priced homes
- 28714, NC: equally priced homes
- 29078, SC: equally priced homes
- 85131, AZ: equally priced homes
- 92845, CA: higher priced homes
- 01501, MA: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood