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These days, finding an affordable place to live in the 38222 area can be challenging. Home prices in 38222 are now at a median cost of $188,468, lower than the Tennessee average of $315,131.
The average cost of rent is $897/mo in 38222, primarily driven by the current value of real estate in the 38222 area. In 38222, 6.71% of households rent, and 52.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38222 is $4,494 per month. Households that rent pay about 19.95% of their income on rent here. 38222’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern 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
- 38256, TN: less expensive homes
- 42076, KY: less expensive homes
- 38251, TN: less expensive homes
- 42049, KY: equally priced homes
- 38242, TN: equally priced homes
- 37175, TN: less expensive homes
- 37058, TN: higher priced homes
- 38224, TN: less expensive homes
- 37023, TN: equally priced homes
- 37178, TN: equally priced homes
Zip Codes with Similar Populations
- 62924, IL: less expensive homes
- 43001, OH: higher priced homes
- 47140, IN: less expensive homes
- 47383, IN: less expensive homes
- 50841, IA: less expensive homes
- 53178, WI: higher priced homes
- 53929, WI: equally priced homes
- 54028, WI: higher priced homes
- 54666, WI: higher priced homes
- 55389, MN: higher priced homes
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