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These days, finding an affordable place to live in the 38327 area can be challenging. Home prices in 38327 are now at a median cost of $164,068, lower than the Tennessee average of $315,131.
The average cost of rent is $862/mo in 38327, primarily driven by the current value of real estate in the 38327 area. In 38327, 16.45% of households rent, and 46.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38327 is $3,771 per month. Households that rent pay about 22.85% of their income on rent here. 38327’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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
- 38310, TN: equally priced homes
- 38361, TN: equally priced homes
- 38372, TN: equally priced homes
- 38379, TN: higher priced homes
- 38376, TN: less expensive homes
- 38359, TN: less expensive homes
- 38370, TN: less expensive homes
- 38475, TN: less expensive homes
- 38375, TN: equally priced homes
- 38315, TN: less expensive homes
Zip Codes with Similar Populations
- 72539, AR: less expensive homes
- 46110, IN: higher priced homes
- 46162, IN: higher priced homes
- 46537, IN: less expensive homes
- 47351, IN: less expensive homes
- 47528, IN: less expensive homes
- 70537, LA: higher priced homes
- 72068, AR: less expensive homes
- 72333, AR: less expensive homes
- 45859, OH: less expensive homes
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