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These days, finding an affordable place to live in the 38241 area can be challenging. Home prices in 38241 are now at a median cost of $92,804, lower than the Tennessee average of $218,916.
The average cost of rent is $577/mo in 38241, primarily driven by the current value of real estate in the 38241 area. While nearly 45.80% of residents own their homes outright in 38241, 17.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38241 is $4,145 per month. Households that rent pay about 13.92% of their income on rent here. 38241's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 38224, TN: higher priced homes
- 38226, TN: less expensive homes
- 38225, TN: equally priced homes
- 42079, KY: higher priced homes
- 38251, TN: equally priced homes
- 38237, TN: higher priced homes
- 42085, KY: higher priced homes
- 42049, KY: higher priced homes
- 38238, TN: equally priced homes
- 38257, TN: equally priced homes
Zip Codes with Similar Populations
- 49716, MI: higher priced homes
- 56260, MN: higher priced homes
- 78663, TX: higher priced homes
- 01032, MA: higher priced homes
- 83431, ID: higher priced homes
- 84134, UT: higher priced homes
- 50634, IA: higher priced homes
- 50541, IA: equally priced homes
- 50278, IA: higher priced homes
- 88339, NM: higher priced homes
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