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These days, finding an affordable place to live in the 38236 area can be challenging. Home prices in 38236 are now at a median cost of $103,255, lower than the Tennessee average of $315,131.
The average cost of rent is $553/mo in 38236, primarily driven by the current value of real estate in the 38236 area. In 38236, 33.64% of households rent, and 76.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38236 is $3,483 per month. Households that rent pay about 15.88% of their income on rent here. 38236’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern 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
- 38342, TN: higher priced homes
- 38231, TN: equally priced homes
- 38317, TN: higher priced homes
- 38221, TN: higher priced homes
- 38320, TN: higher priced homes
- 38201, TN: higher priced homes
- 38333, TN: higher priced homes
- 38229, TN: higher priced homes
- 37134, TN: higher priced homes
- 38258, TN: equally priced homes
Zip Codes with Similar Populations
- 59212, MT: higher priced homes
- 56237, MN: higher priced homes
- 56239, MN: higher priced homes
- 57436, SD: less expensive homes
- 57552, SD: higher priced homes
- 57762, SD: higher priced homes
- 58046, ND: higher priced homes
- 58231, ND: higher priced homes
- 58243, ND: higher priced homes
- 56218, MN: higher priced homes
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