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These days, finding an affordable place to live in the 38332 area can be challenging. Home prices in 38332 are now at a median cost of $168,072, lower than the Tennessee average of $315,131.
The average cost of rent is $727/mo in 38332, primarily driven by the current value of real estate in the 38332 area. In 38332, 19.48% of households rent, and 72.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38332 is $5,794 per month. Households that rent pay about 12.55% of their income on rent here. 38332’s most expensive areas are in the western 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
- 38359, TN: less expensive homes
- 38347, TN: equally priced homes
- 38368, TN: higher priced homes
- 38371, TN: less expensive homes
- 38361, TN: equally priced homes
- 38352, TN: higher priced homes
- 38334, TN: less expensive homes
- 38370, TN: less expensive homes
- 38340, TN: equally priced homes
- 38374, TN: less expensive homes
Zip Codes with Similar Populations
- 84747, UT: higher priced homes
- 24245, VA: less expensive homes
- 26134, WV: less expensive homes
- 26705, WV: less expensive homes
- 29934, SC: equally priced homes
- 30545, GA: higher priced homes
- 31638, GA: equally priced homes
- 31712, GA: less expensive homes
- 36548, AL: higher priced homes
- 36749, AL: less expensive homes
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