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These days, finding an affordable place to live in the 38128 area can be challenging. Home prices in 38128 are now at a median cost of $132,272, lower than the Tennessee average of $315,131.
The average cost of rent is $1,309/mo in 38128, primarily driven by the current value of real estate in the 38128 area. In 38128, 57.32% of households rent, and 36.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38128 is $4,188 per month. Households that rent pay about 31.26% of their income on rent here. 38128’s most expensive areas are in the southeastern 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
- 38108, TN: less expensive homes
- 38134, TN: higher priced homes
- 38135, TN: higher priced homes
- 38127, TN: less expensive homes
- 38122, TN: less expensive homes
- 38112, TN: higher priced homes
- 38107, TN: equally priced homes
- 38133, TN: higher priced homes
- 38152, TN: higher priced homes
- 38104, TN: higher priced homes
Zip Codes with Similar Populations
- 92545, CA: higher priced homes
- 91606, CA: higher priced homes
- 23602, VA: higher priced homes
- 92374, CA: higher priced homes
- 23323, VA: higher priced homes
- 15108, PA: higher priced homes
- 22015, VA: higher priced homes
- 21229, MD: higher priced homes
- 21221, MD: higher priced homes
- 32092, FL: higher priced homes
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