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Affordable
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These days, finding an affordable place to live in the 38126 area can be challenging. Home prices in 38126 are now at a median cost of $78,125, lower than the Tennessee average of $315,131.
The average cost of rent is $774/mo in 38126, primarily driven by the current value of real estate in the 38126 area. In 38126, 86.92% of households rent, and 70.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38126 is $2,135 per month. Households that rent pay about 36.27% of their income on rent here. 38126’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern 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
- 38105, TN: higher priced homes
- 38106, TN: equally priced homes
- 38103, TN: higher priced homes
- 38104, TN: higher priced homes
- 38107, TN: higher priced homes
- 38114, TN: higher priced homes
- 38112, TN: higher priced homes
- 38132, TN: higher priced homes
- 38131, TN: higher priced homes
- 38111, TN: higher priced homes
Zip Codes with Similar Populations
- 70712, LA: higher priced homes
- 52531, IA: higher priced homes
- 54157, WI: higher priced homes
- 54612, WI: higher priced homes
- 54812, WI: higher priced homes
- 65648, MO: higher priced homes
- 65653, MO: higher priced homes
- 66436, KS: higher priced homes
- 68818, NE: higher priced homes
- 70554, LA: higher priced homes
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