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These days, finding an affordable place to live in the 38320 area can be challenging. Home prices in 38320 are now at a median cost of $110,326, lower than the Tennessee average of $218,916.
The average cost of rent is $739/mo in 38320, primarily driven by the current value of real estate in the 38320 area. While nearly 63.84% of residents own their homes outright in 38320, 28.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38320 is $3,525 per month. Households that rent pay about 20.96% of their income on rent here. 38320's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 38333, TN: less expensive homes
- 38317, TN: less expensive homes
- 37134, TN: equally priced homes
- 38342, TN: less expensive homes
- 38318, TN: less expensive homes
- 38236, TN: less expensive homes
- 37185, TN: higher priced homes
- 38344, TN: equally priced homes
- 37078, TN: higher priced homes
- 38201, TN: equally priced homes
Zip Codes with Similar Populations
- 02341, MA: higher priced homes
- 98541, WA: higher priced homes
- 97426, OR: higher priced homes
- 95322, CA: higher priced homes
- 94571, CA: higher priced homes
- 91978, CA: higher priced homes
- 85941, AZ: less expensive homes
- 80424, CO: higher priced homes
- 78957, TX: higher priced homes
- 24121, VA: higher priced homes
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