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These days, finding an affordable place to live in the 38235 area can be challenging. Home prices in 38235 are now at a median cost of $111,116, lower than the Tennessee average of $315,131.
The average cost of rent is $779/mo in 38235, primarily driven by the current value of real estate in the 38235 area. In 38235, 19.53% of households rent, and 49.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38235 is $5,227 per month. Households that rent pay about 14.91% of their income on rent here. 38235’s most expensive areas are in the eastern 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
- 38258, TN: less expensive homes
- 38220, TN: equally priced homes
- 38344, TN: higher priced homes
- 38348, TN: higher priced homes
- 38321, TN: higher priced homes
- 38358, TN: higher priced homes
- 38316, TN: higher priced homes
- 38390, TN: higher priced homes
- 38387, TN: equally priced homes
- 38318, TN: equally priced homes
Zip Codes with Similar Populations
- 38226, TN: higher priced homes
- 81071, CO: higher priced homes
- 79741, TX: equally priced homes
- 79719, TX: higher priced homes
- 54211, WI: higher priced homes
- 46127, IN: higher priced homes
- 45307, OH: higher priced homes
- 42326, KY: less expensive homes
- 42153, KY: higher priced homes
- 40807, KY: less expensive homes
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