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These days, finding an affordable place to live in the 38114 area can be challenging. Home prices in 38114 are now at a median cost of $75,730, lower than the Tennessee average of $218,916.
The average cost of rent is $805/mo in 38114, primarily driven by the current value of real estate in the 38114 area. While nearly 60.81% of residents own their homes outright in 38114, 55.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38114 is $2,645 per month. Households that rent pay about 30.45% of their income on rent here. 38114's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 38132, TN: higher priced homes
- 38111, TN: higher priced homes
- 38131, TN: higher priced homes
- 38104, TN: higher priced homes
- 38106, TN: less expensive homes
- 38152, TN: higher priced homes
- 38112, TN: higher priced homes
- 38126, TN: less expensive homes
- 38105, TN: higher priced homes
- 38117, TN: higher priced homes
Zip Codes with Similar Populations
- 02021, MA: higher priced homes
- 98371, WA: higher priced homes
- 98362, WA: higher priced homes
- 94024, CA: higher priced homes
- 92344, CA: higher priced homes
- 81401, CO: higher priced homes
- 78503, TX: higher priced homes
- 77586, TX: higher priced homes
- 76148, TX: higher priced homes
- 75240, TX: higher priced homes
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