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These days, finding an affordable place to live in the 38315 area can be challenging. Home prices in 38315 are now at a median cost of $144,559, lower than the Tennessee average of $315,131.
The average cost of rent is $747/mo in 38315, primarily driven by the current value of real estate in the 38315 area. In 38315, 15.30% of households rent, and 58.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38315 is $4,351 per month. Households that rent pay about 17.16% of their income on rent here. 38315’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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
- 38334, TN: equally priced homes
- 38375, TN: higher priced homes
- 38044, TN: higher priced homes
- 38379, TN: higher priced homes
- 38310, TN: equally priced homes
- 38359, TN: less expensive homes
- 38361, TN: higher priced homes
- 38327, TN: higher priced homes
- 38376, TN: less expensive homes
- 38381, TN: less expensive homes
Zip Codes with Similar Populations
- 32053, FL: less expensive homes
- 03872, NH: higher priced homes
- 12827, NY: higher priced homes
- 24970, WV: equally priced homes
- 27326, NC: higher priced homes
- 35616, AL: equally priced homes
- 39066, MS: equally priced homes
- 92179, CA: higher priced homes
- 88330, NM: higher priced homes
- 76457, TX: higher priced homes
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