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These days, finding an affordable place to live in the 38201 area can be challenging. Home prices in 38201 are now at a median cost of $111,020, lower than the Tennessee average of $218,916.
The average cost of rent is $651/mo in 38201, primarily driven by the current value of real estate in the 38201 area. While nearly 51.29% of residents own their homes outright in 38201, 24.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38201 is $4,036 per month. Households that rent pay about 16.13% of their income on rent here. 38201's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 38229, TN: equally priced homes
- 38231, TN: less expensive homes
- 38258, TN: less expensive homes
- 38342, TN: less expensive homes
- 38236, TN: less expensive homes
- 38230, TN: less expensive homes
- 38317, TN: less expensive homes
- 38316, TN: less expensive homes
- 38255, TN: less expensive homes
- 38320, TN: equally priced homes
Zip Codes with Similar Populations
- 81620, CO: higher priced homes
- 15022, PA: less expensive homes
- 15084, PA: higher priced homes
- 15656, PA: higher priced homes
- 16407, PA: less expensive homes
- 16441, PA: higher priced homes
- 36105, AL: less expensive homes
- 44657, OH: higher priced homes
- 76655, TX: higher priced homes
- 79901, TX: less expensive homes
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