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These days, finding an affordable place to live in the 38225 area can be challenging. Home prices in 38225 are now at a median cost of $84,480, lower than the Tennessee average of $218,916.
The average cost of rent is $624/mo in 38225, primarily driven by the current value of real estate in the 38225 area. While nearly 46.01% of residents own their homes outright in 38225, 30.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38225 is $4,253 per month. Households that rent pay about 14.67% of their income on rent here. 38225's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 38229, TN: higher priced homes
- 38237, TN: higher priced homes
- 38255, TN: equally priced homes
- 38238, TN: higher priced homes
- 38241, TN: higher priced homes
- 38226, TN: equally priced homes
- 38224, TN: higher priced homes
- 38257, TN: higher priced homes
- 38231, TN: equally priced homes
- 38253, TN: higher priced homes
Zip Codes with Similar Populations
- 98331, WA: higher priced homes
- 03032, NH: higher priced homes
- 04274, ME: higher priced homes
- 05733, VT: higher priced homes
- 07757, NJ: higher priced homes
- 61873, IL: higher priced homes
- 52040, IA: higher priced homes
- 52247, IA: higher priced homes
- 52314, IA: higher priced homes
- 53104, WI: higher priced homes
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