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These days, finding an affordable place to live in the 38125 area can be challenging. Home prices in 38125 are now at a median cost of $233,702, higher than the Tennessee average of $218,916.
The average cost of rent is $1,413/mo in 38125, primarily driven by the current value of real estate in the 38125 area. While nearly 19.20% of residents own their homes outright in 38125, 34.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38125 is $7,536 per month. Households that rent pay about 18.75% of their income on rent here. 38125's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 38141, TN: less expensive homes
- 38115, TN: less expensive homes
- 38119, TN: less expensive homes
- 38138, TN: higher priced homes
- 38139, TN: higher priced homes
- 38654, MS: equally priced homes
- 38118, TN: less expensive homes
- 38017, TN: higher priced homes
- 38120, TN: higher priced homes
- 38018, TN: less expensive homes
Zip Codes with Similar Populations
- 46385, IN: higher priced homes
- 77090, TX: less expensive homes
- 77074, TX: less expensive homes
- 77004, TX: higher priced homes
- 76522, TX: less expensive homes
- 75231, TX: higher priced homes
- 75206, TX: higher priced homes
- 75087, TX: higher priced homes
- 74014, OK: equally priced homes
- 73012, OK: higher priced homes
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