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These days, finding an affordable place to live in the 38134 area can be challenging. Home prices in 38134 are now at a median cost of $200,498, lower than the Tennessee average of $315,131.
The average cost of rent is $1,445/mo in 38134, primarily driven by the current value of real estate in the 38134 area. In 38134, 52.50% of households rent, and 41.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38134 is $5,550 per month. Households that rent pay about 26.03% of their income on rent here. 38134’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern 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
- 38135, TN: higher priced homes
- 38133, TN: higher priced homes
- 38122, TN: less expensive homes
- 38128, TN: less expensive homes
- 38120, TN: higher priced homes
- 38108, TN: less expensive homes
- 38016, TN: higher priced homes
- 38018, TN: higher priced homes
- 38117, TN: higher priced homes
- 38152, TN: higher priced homes
Zip Codes with Similar Populations
- 02130, MA: higher priced homes
- 08360, NJ: equally priced homes
- 10475, NY: less expensive homes
- 23669, VA: higher priced homes
- 97756, OR: higher priced homes
- 10705, NY: higher priced homes
- 20785, MD: higher priced homes
- 72762, AR: higher priced homes
- 65803, MO: less expensive homes
- 63136, MO: less expensive homes
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